China considering a partial end to Australia coal ban
04 Jan 2023
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provided about the same.
Meanwhile, AUD/USD briefly
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China upgrades coal transport
channel capable of handling over 100 mln tonnes annually
https://english.news.cn/20230104/020b8248c8da4c18bf9e1f39d7cd8608/c.html
The total volume of freight carried on the Watang-Rizhao Railway
exceeded 103 million tonnes in 2022, which means China has upgraded another
energy transport corridor capable of handling over 100 million tonnes of coal
annually, according to China Railway Taiyuan Bureau Group Co., Ltd.
The railway, which begins in Watang Township in north China's
Shanxi Province and ends at Rizhao Port in east China's Shandong Province,
connects China's seven major railway routes. It is a heavy-haul coal
transportation channel connecting the main coal-producing regions in China.
With joint efforts to improve coal transport efficiency, the
Watang-Rizhao Railway saw its annual transport volume increase steadily from
73.9 million tonnes in 2020 to over 100 million tonnes last year.
The channel is also a major route for China's west-to-east coal
transportation, ensuring the country's energy consumption demand is met.