News Snapshot:
45 Advertisement Argus Media has reported that some Australian coal producers are downplaying the latest threat by Beijing to cease economic dialogue with Australia. This is partly because some Chinese authorities have taken increasingly drastic measures to avert looming coal shortages, which market participants interpret as a sign that a ban on Australian coal has backfired. "The latest announcement by China that it will cease economic dialogue with Australia has no material impact on us, given that the ban on Australian coal has already been in existence for over a year," an Australian coal producer told Argus, referring to the...
