Chinas ban on dirty coal could cost Australian mining almost $1.5bn

Australia exports about 50m tonnes of thermal coal each year to China and the ban is expected to reduce exports by 40%

Chinas ban on dirty coal could cost Australias mining industry almost $1.5bn and force companies to find other markets or face prohibitively high processing costs, according to a leading resources economist.

Under new Chinese regulations, the use of coal with ash content higher than 16% and sulphur content above 1% will be restricted in the main population centres of the country from 1 January, 2015.

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