SYDNEY -- A global rally in coal prices has been a boon for Australian miners of the commodity, potentially boosting supply from the world's No. 2 exporter of the fuel even as international efforts to cut greenhouse emissions gather pace.
Commodities
Price rally spurs Australian coal expansion, risks climate goals
Some miners have been using windfall to pay down debt, draw up growth plans
Australia had 69 major coal projects in the pipeline in 2021, according to the federal Department of Industry, Science and Resources. Around 60% of these were greenfield developments. © Reuters
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