BHP Says It Sees Some Chinese Clients Making Requests to Defer Coal Deliveries
October 14 2020 - 6:18AM
Dow Jones News
By Alistair MacDonald
The Chairman of BHP Ltd said that some of its Chinese customers
are asking to defer delivery of coal from the world's largest
miner, amid reports the country is banning coal imports from
Australia.
Ken Mackenzie said BHP was working with its clients to see if
there were restrictions on Australian coal imports.
"It would be concerning if the rumors are true," he said at a
press conference.
Australian leaders said they are seeking to clarify reports in
two trade publications that China's customs authorities have told
several Chinese state-owned steelmakers and power plants to stop
importing Australian coal.
Tensions between the two countries have reached new heights in
recent months after Australia began seeking support from European
leaders for an investigation of missteps by China that contributed
to the coronavirus pandemic.
China has already placed restrictions on imports of Australian
beef, barley and wine, and warned its tourists and students to
reconsider Australia as a destination because of what it said was a
rise in racial discrimination against Chinese people.
Write to Alistair MacDonald at Alistair.MacDonald@wsj.com
(END) Dow Jones Newswires
October 14, 2020 06:03 ET (10:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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