Coal price forecasts slashed as China cuts imports

THE outlook for Australia’s coal producers is becoming even bleaker, with the growing realisation that China’s leadership is intent on reducing long-term coal imports as it deals with rising pollution and increases hydro, nuclear and gas-fired electricity generation.

Read Full at http://www.theaustralian.com.au/business/mining-energy/coal-price-forecasts-slashed-as-china-cuts-imports/story-e6frg9df-1227273772217

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