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China-Australia tensions rattle world's most co-dependent ...

Australia relies hugely on China for inbound tourism and foreign students. But most importantly, China is the major customer of Australian commodities, and increasingly energy. China, for its part, depends on Australia to supply iron ore and high quality coking coal to feed its steel mills and thermal coal to feed its power plants.

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Concern over Aussie coal exports to China | The Standard ...

May 22, 2020 · Thermal coal, which is used to generate power, is one of Australia's top-three exports to China. In 2018/19, China took $63 billion of Australian iron ore and $14 billion worth of coal.

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China coal-import ban puts the hurt on Australian dollar ...

Feb 21, 2019 · Market Extra China coal-import ban puts the hurt on the Australian dollar Published: Feb. 21, 2019 at 12:41 p.m. ET

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Concern over Aussie coal exports to China | The Standard ...

May 22, 2020 · Thermal coal, which is used to generate power, is one of Australia's top-three exports to China. In 2018/19, China took $63 billion of Australian iron ore and $14 billion worth of coal.

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China to avoid coal from Australia in new trade threat

May 21, 2020 · Australia is a major exporter of thermal coal to China. Credit: Nic Walker Analysts and industry insiders told The Age and The Sydney Morning Herald that the Chinese government has begun warning ...

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China seeking to restrict Australian thermal coal imports ...

Australia sends between 20-25% of both its total coking and thermal coal exports to China. Of the 225Mt of thermal coal China imported in 3029, 46Mt came from Australia. For coking coal, China imported 75Mt last year, with 31Mt from Australia. However, imports were particularly strong in .

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China Said to Slow Australian Coal Imports as Beijing ...

Feb 22, 2019 · China was the second-biggest customer of Australia's coal last year, accounting for about 23 percent of total exports, according to Australian government data. Dalian takes about 2 .

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Government 'very concerned' by reports China could stop ...

Thermal coal, which is used to generate power, is one of Australia's top-three exports to China. In 2018/19, China took $63 billion of Australian iron ore and $14 billion worth of coal.

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The Chinese coal 'ban' carries a significant political message

China's foreign ministry has said there is no "ban" on Australian coal imports through the Dalian port. But with demurrage charges mounting on coal carriers obliged to stand offshore for 40 ...

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Australian coal, gas and iron ore exports to China surge

May 14, 2020 · Australian coal, gas and iron ore exports to China have surged as Beijing threatens economic retaliation for the Morrison government's pursuit of an independent inquiry into the coronavirus.

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China expected to impose coal import restrictions ...

China is expected to promote the use of domestic coal by tightening import rules, starting with shipments from Australia, according to analysts and traders.

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Australia seeks clarification on China coal import 'block ...

Australia is a top supplier of coal to China, its biggest export market. Beijing has not confirmed the reported halt in the port of Dalian, but called changes in such arrangements "normal".

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Has China banned Australian coal? // Motley Fool Australia

May 21, 2020 · According to the Australian Financial Review, some power plants in China have been told to stop importing Australian coal. If that's the case then perhaps China has indeed banned Australian coal.

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China would be shooting itself in the ... - Australian Shares

May 16, 2020 · Plus: it's a lot further to ship to China than from Australia. China's heavy reliance on iron ore from Australia. The virus has also had impacts on iron ore shipments from other countries. Miners in India, Iran and South Africa have all to comply with national shutdowns. At present, China is reliant on Australia for 62% of its iron ore ...

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Pain for Australia's Coal Miners as China Buys Local ...

Whitehaven managing director Paul Flynn said the pain was particularly acute among those producing the type of coal Australia has traditionally sold to China, coal .

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Pain for Australia's Coal Miners as China Buys Local ...

Jul 15, 2020 · That type of coal is selling inside China for about $30 per ton more than it costs to mine and ship the same type of coal from New South Wales to China. Despite the extra cost, Chinese generators continue to prefer Chinese coal to that produced in Australia.

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China-Australia tensions rattle world's most co-dependent ...

Australia relies hugely on China for inbound tourism and foreign students. But most importantly, China is the major customer of Australian commodities, and increasingly energy. China, for its part, depends on Australia to supply iron ore and high quality coking coal to feed its steel mills and thermal coal to feed its power plants.

Get Price

Coronavirus: China bans companies from buying Australian coal

May 21, 2020 · China order power plants to stop purchasing coal from Australia in new threat Australia exported 4.3million tons of coal to China in March, increase of 105% China is yet to announce the ban after ...

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The Changing Global Market for Australian Coal | Bulletin ...

Thermal coal exports to China have increased rapidly over the past decade, from less than 2 per cent of Australian thermal coal exports in 2008, to around one-quarter currently. In recent years exports to economies in South-East Asia have been growing strongly, albeit from fairly low levels, reflecting the increase in thermal coal electricity ...

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Pain for Australia's Coal Miners as China Buys Local ...

Jul 15, 2020 · That type of coal is selling inside China for about $30 per ton more than it costs to mine and ship the same type of coal from New South Wales to China. Despite the extra cost, Chinese generators continue to prefer Chinese coal to that produced in Australia.

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China may impose trade curbs on Australia but can't stop ...

Jun 12, 2020 · Over 80% of China's metallurgical coal imports are sourced from Australia. The situation could be different in the thermal coal market, where rumors of Chinese restrictions on that category of ...

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