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China Bans Coal Import

China Bans Coal Import
China Bans Coal Import

China, the world’s largest consumer of coal, is restricting the dirtiest grades to fight pollution. Coal with ash content of more than 40 percent and sulfur of more than 3 percent are banned from sales and imports into China starting Jan. 1, Bloomberg reported. It will encourage imports of higher-quality supplies after smog worsened in Shanghai and Beijing.

 

Financialtribune.com