China’s coal imports increased by 14% in July, climbing to the highest they have been for over four years, according to General Administration of Customs figures which was announced on Wednesday.
The agency said that 29.01 million tonnes of coal was imported in July, the highest amount since January 2014. They rose 23.9% in June from 25.47 million tonnes and increased by 49.1% from 19.46 million tonnes in July 2017. Year-to-date imports were up 15% to 175 million tonnes.
Anglo Pacific (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.
Its strategy is to build on its portfolio of royalties and metal streams, focusing on accelerating income growth through acquiring royalties in cash or near-term cash producing assets, as well as investment in earlier stage royalties.