Coal prices up 40% this year on LNG replacement demand, supply uncertainty

A 40% spike in coal prices driven by LNG replacement demand signals potential diversification of Australia's energy mix away from volatile LNG import dependence, which strengthens resource sovereignty (Pillar 1) and reduces exposure to Strait of Hormuz disruption. However, the article does not quantify Australia's domestic coal reserve additions, export volumes, or power-generation retooling, so the strategic gain remains indicative rather than confirmed.