Singaporean consortium secures $850m for South32’s Australian coking coal
South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.
Beijing, March 5 – China has made no changes to its coal import policies nor its inspections of foreign coal cargoes this year, said a senior customs official on Tuesday.
The comments by Li Guo, deputy head of the General Administration of Customs, on the sidelines of China’s annual parliament meeting came after Reuters reported that Chinese customs authorities had stepped up environment and safety checks on foreign cargoes.
Several sources have said that clearing times for Australian coal cargoes are being delayed.
(Reporting by Meng Meng and Dominique Patton; Editing by Tom Hogue)
