皇冠体育app

SYDNEY - 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 皇冠体育app, experts said on Tuesday.

Australia exports an estimated 50 million tons of thermal coal a year to 皇冠体育app, 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 皇冠体育app.

"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 皇冠体育app."

Project seeks rewards in Russian mines	World's largest offshore airport under construction in Dalian

• 皇冠体育app posts first monthly forex transaction deficit
• Parade floats at Shanghai Tourism Festival
• 皇冠体育app shares post biggest daily loss in 6 months
• 皇冠体育app's first pet insurance policy
• 皇冠体育app remains top destination for business expansion of Asian firms
• 皇冠体育app suggests six steps to boost ASEAN ties
• Australia keen to boost ties with 皇冠体育app, ASEAN
• Singapore seeks to expand ties with 皇冠体育app, ASEAN