Australia’s hard coking coal exports to China rose by 42 percent in March from February, making it the second biggest customer for the commodity after India, data from Australia’s statistics bureau showed. The bureau did not give actual volumes.
The total value of Australia’s hard coking coal exports rebounded in March by 58 percent to A$1.066 billion ($748.6 million).
The data comes after numbers issued late last month by Chinese customs showed China’s imports of Australian coking coal nearly doubled in March from a month earlier.
Anglo Pacific Group (LON:APF) has a diverse portfolio of assets in low-risk jurisdictions and is the only listed company on the London Stock Exchange focused on royalties connected with the mining of natural resources.