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Australian metallurgical coal to continue supporting economies

Advertisement Australia will continue to be a strong supplier of steel-making (metallurgical) coal over the next couple of decades due to its high quality, according to a report recently released by the Minerals Council of Australia (MCA). ‘Australian Metallurgical Coal: Quality Sought Around the World’ – the second in the MCA’s ‘Best in Class: Australia’s Bulk Commodity Giants’ series – is an in-depth exploration of how and why Australia is the largest seaborne exporter of steel-making coal. Metallurgical coal is a critical component for steel making and Australia’s quality attracts customers from around the world from Asian countries such as India, China, Japan, South Korea, and Taiwan all the way to the EU. Over 96% of Australia’s metallurgical coal production is exported.

China scraps China-Australia Strategic Economic Dialogue as tensions escalate

China has accused the Australia of insane suppression and cut off all economic talks after Victoria s Belt and Road deal was torn up.  China s Ministry of Commerce in Beijing Mei Xinyu blamed the deteriorating relationship on the wildness of Australian politicians . I cannot predict what further wild things the Australian side will do, he said. Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a Cold-War mentality and ideological bias towards China.  Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a Cold-War mentality and ideological bias towards China The dialogue was created in 2014 as a way for Australian politicians to meet with Chinese officials and discuss investment and trade deals - though it had begun to deteriorate after the last meeting was held in 2017

Construction on new Midge Point boat ramp just weeks away

Premium Content Subscriber only Construction on a long-awaited new boat ramp at Midge Point will begin in June and be complete in October, weather permitting. Mackay MP Julieanne Gilbert said Queensland company Australian Marine and Civil was awarded the $1.55m contract to complete the works for the new boat ramp at Jimmy’s Rocks Road. “The contract includes construction of a new two-lane boat ramp and 120-metre-long access causeway at Jimmy’s Rocks Road,” Mrs Gilbert said. “The design of the new facility accounts for the local marine habitat, large tidal range and wave conditions of the Midge Point area.”

Impact of China s brutal coal ban revealed

News by Matthew Killoran Premium Content   Australia s coal trade with China has plummeted from more than $1 billion a month to just $30 million in the first months of the year, as shocking new figure reveal the depth of Beijing s economic wrath. No Australian coal has cleared customs there since November, The Courier-Mail understands, while there remain more than 30 ships stocked with millions of tonnes of coal, much of which is from Queensland, stranded off the Chinese coast without approval to dock. Mining giant BHP has raised the issue of China s restrictions directly with the government in its pre-budget submission. Hay Point Coal Terminal. Picture: Caitlan Charles

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