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Russian coal set to benefit from trade spat between Australia and China – NEWS.com.au
Russian coal set to benefit from trade spat between Australia and China
Russia is set to swoop in to take advantage of the escalating trade spat between Australia and China that has financially bruised Australias major export industries. A Wood Mackenzie report obtained by The Australian has found Russia’s coal industry is set to expand its export market into Asia and is gearing up to compete with Australian coal, which China has traditionally been the primary buyer.
According to Wood Mackenzie analysts, Russian President Vladimir Putin last week met with industry officials…
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