China faces coal shortage as import restrictions, tighter environmental checks begin to bite

//China faces coal shortage as import restrictions, tighter environmental checks begin to bite

China faces coal shortage as import restrictions, tighter environmental checks begin to bite

China, the world’s largest producer and consumer of coal, is facing a supply shortage heading into winter amid tighter restrictions on imports, including a reported freeze on coal from Australia.The world’s biggest miner BHP Group said on Wednesday it had received deferment requests from Chinese customers, after reports that Beijing had imposed a ban on Australian thermal and coking coal as trade tensions intensified between the two countries.Analysts said China’s domestic coal production has…

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By | 2020-10-18T04:30:15+00:00 October 18th, 2020|Business|Comments Off on China faces coal shortage as import restrictions, tighter environmental checks begin to bite