Stanmore Coal has provided the following clarification in relation to reported coal import restrictions to the Chinese port of Dalian.
The significant majority of Stanmore Coal sales and all of its long term contracted sales are to customers in Japan and Korea. Stanmore has limited exposure to China through spot sales which are also made to customers in a range of other countries.
Stanmore will continue to monitor the situation to determine whether there will be any impact on the company’s coal sales.