China ban gives Australian coal miners a quality quandary | Hellenic Shipping News Worldwide
China ban gives Australian coal miners a quality quandary An ironic thing happened over the past decade as the Australian thermal coal sector was busy spruiking its merits as the world’s highest quality supplier with the best chance of survival in a decarbonising world. The average energy content of Australian thermal coal exports went down, while the average content of an unwanted contaminant, ash, went up. A decade of rising Chinese demand for intermediate quality coal is viewed by most in the sector as the force that drove the trend, while former billionaire Nathan Tinkler blames it on t...