Coronado sees little impact on Australian operation from China's coal imports ban

摘要

Sydney—Metallurgical coal company Coronado expects little impact on its Australian Curragh operation from the reported Chinese ban on imports of Australian thermal and coking coal, CEO Gerry Spindler said Oct. 21. "Our Australian operations do not have term volume contracts with Chinese counterparts and only sell into this market sporadically. There are no indications that these restrictions apply to our US operations and Buchanan continued to ship cargoes to China during the quarter," Spindler said in the company's quarterly report.