News Snapshot:
But Mr Ziems and sources at other coal miners in Australia including BHP, Whitehaven Coal and Glencore all said they had received no official word of any change in China’s policy towards Australian coal, and neither had they seen any hard evidence from buyers, traders or shippers that purchases would recommence. “Like everyone else we are hearing reports, but we haven’t seen any concrete changes or any evidence; it would, of course, be very good news if it does materialise,” one source said. The Albanese government responded tentatively to the reports, which late on Wednesday buoyed the share prices of...
