China-bound coal shipments via Australia's Gladstone port hit near-two-year high in Oct

Australian coal sailing from the Gladstone port in Queensland to China reached 1.44 million tonnes in October, which also positioned the East Asian country as the largest overseas destination for coal cargoes from the port last month, according to the latest data from Gladstone Ports Corporation (GPC).

Jumping 46% on month and almost tripling on year, coal shipments from Gladstone to China last month were also the highest since November 2024, when the port sent 1.87 million tonnes of coal to China, GPC's historical data showed. After the fatal mine explosion five months ago in North China's