Business
BHP’s Chinese customers seek to defer Australian coal – Sydney Morning Herald
Chinese customers have requested mining giant BHP to defer coal cargoes coming from Australia amid Beijing’s latest crackdown.
While unofficial limits are often imposed in China as a mechanism to support its domestic mining industry, commodities analysts said there were concerns in the market that Australian coal was being singled out. It is unclear whether these latest cargo deferments are due to import quotas or geopolitical tensions, and whether the latest bans are aimed at Australian products or all foreign coal.
“It would be concerning if the rumours are true regarding an import restriction for Australian coal int…
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