China's Pollution Policy to Affect Australia's Coal Industry

PERTH, AUSTRALIA--October 3, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--China's recent announcement to limit its imports of coal from 2015 onward has piled on more pressure for Australian coal producers this year, particularly while coal prices continue to remain low. The $60 billion coal industry is under enormous pressure, with mine closures and job losses expected to accelerate throughout the year. Within this article: Details of Australia's attempts to adapt to changes in the global coal market, including new restrictions on imports by China.