With enough Queensland rail / transport screwups, anything is possible. But China isn't importing from anywhere but Mongolia and Russia now - upside in the commodity has to come from ex China demand (not doing that great) or miners and infrastructure providers repeatedly screwing up which is looking like a more reliable source of returns.
Great analysis
Keen to hear an update here on coking coal in particular with market trading USD350+
With enough Queensland rail / transport screwups, anything is possible. But China isn't importing from anywhere but Mongolia and Russia now - upside in the commodity has to come from ex China demand (not doing that great) or miners and infrastructure providers repeatedly screwing up which is looking like a more reliable source of returns.
Excellent article. Very insightful.