The Chinese government's decision to ban imports of lower quality coal, or "dirty" coal, from 2015 could affect a major portion of Australia's coal exports to China, experts said on Tuesday.
Australia exports an estimated 50 million tonnes of thermal coal a year to China, which could be at risk with the ban.
The Chinese government has started to limit the use of imported coal with more than 40 percent ash and 3 percent sulphur, in an effort to improve air quality in its major cities.
Consultant Wood Mackenzie told media that it estimated that the Chinese ban could affect more than half of Australia's thermal coal exports to China.
"Our product is typically around 5500 kilo calories and 24 to 25 percent ash. So we've got big problems," Bruce Jacques of IHS McCloskey Coal said.
However, the Minerals Council of Australia said the new rules would have little impact on Australian exports.
"There is nothing in the information released to date to suggest that Australian coal exporters will be disadvantaged and we are confident that we can meet the proposed specifications," Minerals Council executive director of coal Greg Evans told media.
"Australia is fortunate to have reserves of high quality black coal, which will continue to be in strong demand from established and emerging markets, including China."
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor