Anchored in Asia: Australia’s Trade Has Become Regionally Centred
With Minerals & Fuels and Metals flowing out to Asia and manufactured goods flowing in, Australia’s trade profile is increasingly tied to China and Asian markets.
With Minerals & Fuels and Metals flowing out to Asia and manufactured goods flowing in, Australia’s trade profile is increasingly tied to China and Asian markets.
Shenhua’s scale underscores China’s continued dependence on coal, while Zijin’s rise anchors China’s position in the global energy transition.
There are two distinct roles in the global minerals system: upstream exporters and downstream manufacturing hubs, whose demand for resources continues to rise.