Australian coal miners drop as prices weaken on escalating tariff war

Coronado Global Resources

09/04/2025 04:46

** Shares of Australian coal miners drop as escalating U.S.-China trade war looms

**  Coal prices in China, major coal consumer, falls ahead of 104% U.S. tariffs on its goods

**  Whitehaven Coal WHC.AX drops as much as 4.4%

** Coronado Global Resources CRN.AX drops as much as 8.7% to record low of A$0.238

** The stocks have fallen 1.7% and 5.8% YTD, respectively

(Reporting by Nichiket Sunil in Bengaluru)

((nichiket.sunil@thomsonreuters.com))