Reference News Network February 29** According to the "Australian" **February 27** road, Australia's coal exports to China have been sharply**, driving Australia's thermal coal exports to Indo-Pacific countries surged.
NSW's coal exports to China in 2023 exceeded pre-pandemic levels, exporting more than 36 million tonnes of thermal and metallurgical coal to the country, or about $5.7 billion on a free-on-board basis, the data showed.
Chinese importers bought 24% of the state's exported coal in 2023 after China lifted restrictions on imports of Australian coal, according to data provided by Coal Services***, which is overseen by the Minerals Council of NSW and the Federation of Mines and Energy.
According to the report, Australian coal producers on the 27th said that "(coal) demand will be strong in the coming decades" as Australia ** met with Tourism Minister Don Farrell and Chinese Commerce Minister Wang Wentao in Abu Dhabi to discuss the lifting of remaining tariffs and restrictions on Australian wine, lobster and meat exports.
NSW Minerals Council chief executive Stephen Galilee said: "Coal is NSW's most valuable export and the industry's contribution to the NSW economy has increased as coal exports rebounded last year. ”
"At the same time, the NSW coal industry has increased spending in NSW and paid a record royalty for extractive rights to NSW**," Galilee said. ”
Farrell said after meeting with his Chinese counterpart on the 26th that Beijing promised to speed up the review of wine tariffs, and "we will get the results by the end of March."
He told the ABC: "We hope to lift the ban within the timeframe we have discussed......If it is not lifted, we will resume the appeal to the WTO. (Compiled by Wang Haifang).