Categories
Economy Recession

BHP Confirms China Coal Ban | Coal Exports Update

BHP has confirmed industry rumours that China has banned Australian Coal Export.

#Coal #Export #HeiseSays

Watch on YouTube

BHP has confirmed industry rumours that China has banned Australian Coal Export. This could put Australia Coal Exports at risk and impact the economies of Queensland and Victoria. While BHP is not worried about our exports to China, they are concerned that this might be an indicator that the global economic recovery might not be as fantastic as everyone is hoping?

References

https://www.news.com.au/finance/business/mining/bhp-at-pains-to-stress-indigenous-engagement-in-wake-of-rio-blast-debacle/news-story/855ed86a0cf0a07b2c916f0a34839210#itm=newscomau%7Cfinance%7Cright-now-in-%7C2%7CBHP%20confirms%20China%20is%20deferring%20Australian%20coal%20shipments%7Cindex%7CFinance%20index&itmt=1602705688437