In a significant development, Chinese authorities have allowed all domestic companies to import Australian coal, thereby putting an end to ‘informal’ trade restrictions imposed in late 2020. Ports and customs offices have been told to allow Australian coal cargoes. Earlier...
- March 21, 2023
China, the world’s top steel producer, is seeking to cut down on its consumption of coking coal for steel production in sync with its ‘dual carbon’ goal of peaking emissions by 2030 and attaining carbon neutrality by 2060. In line...
- March 10, 2023
Australia’s Foreign Minister Penny Wong met with her Chinese counterpart Wang Yi in Beijing on 21 December, 2022, as the trading partners seek to stabilise their diplomatic relationship. Wong’s visit is the first by an Australian minister since 2019 and...
- December 26, 2022
The government is committed to achieving net zero emission target by 2060 by reducing its dependency on coal and at the same time developing renewable energy generation. The government has prohibited the construction of new coal power plants and will...
- November 29, 2022