(EnergyAsia, August 11 2015, Tuesday) — China’s slowing energy demand is further draining the financial life out of Australia’s thermal coal miners and services companies at a time when they are struggling with low commodity prices, said US ratings agency Moody’s. China’s thermal coal demand is declining amid the country’s slowing industrial production and push…
CHINA: Declining coal demand piles further pressure on Australia’s mining industry, says Moody’s
Posted on August 11, 2015 by EnergyAsia