Australian thermal coal exports to China are under increasing pressure, with indications import restrictions are spreading to other key ports.Thermal coal shipments may take up to three months to clear customs at some Chinese portsIron ore prices are surging on safety concerns and mine shutdowns in Brazil
Both the Chinese and Australian governments have played down talk of import bans, but many market observers suggest Australian coal appears to have been targeted either officially, or unofficially. Halting Australian coal imports to northern steelmakers is an age old Chinese strategy achieving a number of strategic goals with little cost, writes Stephen Letts
This would never happen if we had a pragmatic businessman like Trump at the helm.
Your fault coalition party
good news Miners have opened too many mines They r like dogs in heat so with China cut smaller ones should go bankrupt