CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
European coal prices surged to the highest in 10 months, buoyed by rising fuel prices and supply disruptions.
Coal for delivery to northwest Europe next year gained for a ninth day on Monday, adding 3.2 percent to the highest since August 7, according to broker data compiled by Bloomberg.
The fuel has rallied 50% since February, when it plunged to the lowest since at least 2007.
