China’s Coal Import Rules Impacting Australian Coal Exporters

MINING.com reported that China’s new coal import rules are likely to adversely affect the fortunes of Australian coal exporters who fear the loss of billions of dollars in sales.

As quoted in the market news:

According to Australia and New Zealand Banking Group (ANZ), the fact that China began this month banning coal with ash content of more than 16% and a sulphur level of more than 1%, has spawned a perceived greater risk of rejection at Chinese customs.

Click here for the full MINING.com report