Wanted to start a new topic on the recent import ban on coal from China! I see this as the beginning of a major swing in the minerals market and wanted to get peoples opinions and facts put into a thread.
The Aus mineral officials at the moment have no idea or at least are saying they have no idea as to why China is restricting their coal intake.
The media is a wash with speculation that China is reacting to political tensions?
However, people should now know as i'm sure the Chinese do!, ignoring initial false reports - that the Adelaide battery built by Tesla has been a huge success and is rapidly paying itself off.
https://www.*.com.au/tesla-battery-south-australia-cost-state-savings-2018-10
Could China, be so far down the track with grid powered battery storage that they are restricting import on coal??
https://cleantechnica.com/2018/12/27/china-making-big-battery-storage-push-in-2019
https://qz.com/1371099/china-added-as-much-battery-storage-capacity-in-2018-as-all-previous-years-combined/
Thoughts anyone?
China's restriction on coal import
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