China to scrap 40 pct export duty on metallurgical coke

A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.

Canadian companies dabbling in these minerals include Teck Resources, Neo Performance Materials and Northern Graphite.

With no predictable mold for how this will work, the only certainties will likely be volatility and numerous factors working in opposing directions.

China’s booming coal production is running well ahead of demand at the onset of winter.