been king in Australia ever since British colonists first spotted the black stuff in coastal cliffs north of Sydney in the 1790s. Its grand epoch may finally be fading. China, Australia’s second-biggest coal customer, after Japan, was reported on February 21st to have imposed delays on coal imports from Australia at the northern port of Dalian, but not on those from other countries.
Coal is forecast to be Australia’s top export by value this year and the industry’s most immediate concern is the status of shipments to China. The delay on shipments has left Australian officials scrambling for explanations. Some recent Australian political decisions affecting China have displeased Beijing.
In the long term Australia’s coal industry may see a bifurcation, as exports rise for coking coal, which is crucial for the production of steel, and slump for thermal coal. Already, banks are limiting the amount of finance they make available for coal projects.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Australia is fading
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Music Industry's Revenue Continues To Grow, But Beneath The Surface Are Warning SignsThe latest RIAA music industry revenue numbers show continued growth and continued dominance of interactive streaming. But growth in streaming is slowing down, leading to questions about where the industry will go next. For actual musicians, this is a disaster I wonder if the future of music might look something like this, where humans and robots play simultaneously, dependent on each other to make audible art:
Källa: Forbes - 🏆 394. / 53 Läs mer »
Indonesia, Australia sign economic partnership on trade and investmentIndonesia and Australia on Monday signed an economic partnership agreement aimed... BklkdtutdyfzjxvojjjtretZgb l.
Källa: Reuters - 🏆 2. / 97 Läs mer »
A powerful new sheriff is looking into the tech giants, but here’s why industry experts say you won’t see Facebook or Google get broken upThere's legal precedent for the Federal Trade Commission to look into past mergers, but insiders are skeptical that it will touch any of the big tech companies. Because there is nothing to break up?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Smartphones are getting weird again, and it could be a sign that the industry is on the brink of another huge changeBrands like Huawei, Samsung, and Nokia all recently debuted new smartphones with unconventional designs and features, a welcome change to the norm. Smartphones are over. Soon a nano-drone will hover over your shoulder. It will have all tech that is inside a smartphone and much more. You will be able to customize it's look. It can look like a fairy or a butterfly or a bee for example. Companies like Huawei and Nokia are becoming more relevant to today's society as they are innovating the smartphone. These smartphones have new technology including a foldable screen and a smartphone that has five cameras! 3500EDGEZachary innovation smartphones techinsider Smartphones are always weird because of very tough competition their innovation level is very high
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »