Australian coal exports face a GFC-style threat to their viability, one of the country’s top insolvency experts will claim as Chinese import restrictions, reduced demand and funding for renewables wipes out key markets. McGrathNicol’s chairman Jason Preston will on Tuesday say the escalation of China’s trade restrictions completes “a perfect storm” for coal exporters, as …
The post Australian coal exports face ‘perfect storm’ as China restrictions hit first appeared on Hellenic Shipping News...