Miners face threat of coal ban
15 Sep 2014
AUSTRALIA’S thermal coal miners, already struggling to turn a profit, could be further hit with an import ban on lower quality coal by China. The price of thermal coal has come under renewed pressure amid fears that the economic powerhouse would implement quality-based restrictions on coal imports, which could impact almost half of Australia’s exports to the Asian giant.
Source: http://www.theaustralian.com.au/