12:01 pm China Bans Use Of Low Quality Coal; Affects International Miners, Coal Prices
Clearly, unfortunately, China has air pollution problems. China's top planning agency has just announced it's banning the use of high ash/high sulfur coal (low-quality coal) starting in 2015 as it continues its air pollution battle.
In other words, the National Development and Reform Commission in China is banning the use of coal that has 40% of more of ash content as well as 3% or more sulfur content. So, this would affect domestic production and imports.
The move, given the focus of sulfur …More