to answer how China can import Aussie coal at cheaper price than the local product,
the simplest way is Australian are open pit mines, majority of Chinese coal mined are deep underground. the biggest coal producing province is Shanxi, means west of mountain, 90% of Chinese economy is on the eastern seaboard which is east of those mountais, most mines are inside mountains underground, and at lower grade has to be washed multiple times.
Target $18.72, page-3857
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