Australian metallurgical coal exports are projected by the government's official forecaster to rebound in 2023 after a dip in 2022 because of the impact of wet weather.
Uncertainty over international thermal coal prices continues to weigh on Vietnam's coal import outlook, but the country's economic growth momentum is supporting coal demand despite its move to enter a $15.5bn energy transition pact.
There's been a peak in terms of the investment cycle over the last 30 or 40 years as the coal business internationally has gone through an expansion in various places.