Iron ore prices surge on rising Chinese demand, with transaction volumes at major ports increasing. This is positive for the Australian Dollar and its export market.
Despite global efforts, China's coal imports are rising, contradicting previous forecasts. Electricity demand and favorable prices drive the country's continued reliance on imported coal for energy needs.
AI data centers could consume 25% of U.S. power by 2030, Arm and SoftBank invest $25M in research to reduce energy use and combat China's tech dominance.