China to buy 70 Billion dollars of Australian coal

[Hyde]

Source?

P.S I just updated my post with my source. As most people would be well awear by now, i don't post misinformation. I only post fact.

do you still require source for this news? we hear such news almost every month from one newspaper or another

We have a proven reserves of 185 billion tonnes of coal and that has been confirmed and proved on several ocassions before

 

[xdrive]

do you still require source for this news? we hear such news almost every month from one newspaper or another

We have a proven reserves of 185 billion tonnes of coal and that has been confirmed and proved on several ocassions before

Well i haven't heard in the news or seen any sources stating what you said, so if their is plenty of sources that confirm what you said, please post them.

From my source, it says pakistan only has 0.3% of the worlds reserves, you called me a liar, so i posted a source, you do the same too.

 

[RPK]

 

[xdrive]

You got that off wikipedia also it's from "2005"

I am still waiting for a source from the other guy on his claims.

 

[Hyde]

well all of us know how reliable is wikipedia...... and secondly wikipedia's figures are almost accurate but they have put Pakistan down the order where it is supposed to be second in the list

Source 1: - Nation.com - Pakistan's leading newspaper (that is saying 174 billion in Thar area only...... and overall there is 185 billion tonnes of coal all over in Pakistan)

Thar coal reserves sufficient to meet 100 years energy needs | Pakistan | News | Newspaper | Daily | English | Online

Source 2:

Black faces, black deeds and black deposits

Source 3: Your favourite Wikipedia

Pakistan Coal Mines and Resources - Wikipedia, the free encyclopedia

Source 4:

Geological Survey of Pakistan

Just google it you will find plenty of more sources from all the leading newspapers of Pakistan

 

[Goodperson]

well all of us know how reliable is wikipedia...... and secondly wikipedia's figures are almost accurate but they have put Pakistan down the order where it is supposed to be second in the list

Source 1: - Nation.com - Pakistan's leading newspaper (that is saying 174 billion in Thar area only...... and overall there is 185 billion tonnes of coal all over in Pakistan)

Thar coal reserves sufficient to meet 100 years energy needs | Pakistan | News | Newspaper | Daily | English | Online

Source 2:

Black faces, black deeds and black deposits

Source 3: Your favourite Wikipedia

Pakistan Coal Mines and Resources - Wikipedia, the free encyclopedia

Source 4:

Geological Survey of Pakistan

Just google it you will find plenty of more sources from all the leading newspapers of Pakistan

Then Pakistan should have sold the same to China isn't it?

 

[AZADPAKISTAN2009]

Couldn't be far from the truth.

Australia didn't have a recession, and is the only devoloped country not to have one.

Do have no j banks? in australia ? All this virtual debt is going in some one's pocket

 

[Hyde]

Then Pakistan should have sold the same to China isn't it?

no we have lots of internal problems so we can't sell right now........ we have poor infrastructure, battles between the provincial and the federal government, corrupt leaders, lack of foreign investment etc etc......... we have not even able to utilize it for ourselves let alone exporting to China and also the coal in Thar deserts is of Poor quality so it depends for what purpose China is buying this coal..... they have to see if it actually meet their requirements

 

[Goodperson]

no we have lots of internal problems so we can't sell right now........ we have poor infrastructure, battles between the provincial and the federal government, corrupt leaders, lack of foreign investment etc etc......... we have not even able to utilize it for ourselves let alone exporting to China and also the coal in Thar deserts is of Poor quality so it depends for what purpose China is buying this coal..... they have to see if it actually meet their requirements

I may agree only on quality of coal.

 

[no_name]

I think also amount of coal that the country has according to the map only referred to discovered estimate.

If countries like some in africa which did not spent time/resources to find coal then it does not show on the map.

 

[Vassnti]

Australians burns up the most carbons in the world even more than the Americans if measured by personal consumption.

Everybody knows in Copenhagen what we did is just helping our indian friends from the trap of you know who.

Because of the crazy way the OCED chose to calculate co2 emissions. Australia isnt burning the coal they just dig it up, china japan and others are acutally burning it. The same goes for their primary production, Australia gets sadled with the co2 for raising the cattle but people in Europe, Japan and Korea are the ones that eat it.

What Australians actually produce from their homes cars etc is 1/3 of the co2 they are actually blamed for.

 

[Sanchez]

It's a bit strange to me why China would buy so much coal. China digs out 1b tons of coal domestically every year!

 

[Luftwaffe]

It is imperative sooner of later China will invest billions into Pakistani coal Industry reserves its only because of China we can have a proper industry..

 

[SXNJ]

It's a bit strange to me why China would buy so much coal. China digs out 1b tons of coal domestically every year!

most of Chinese power plant burn coal and you know China has the biggest steel production in the world,so we need a lot of coke

 

[Parashuram1]

Goodness gracious! Now that's some serious coal business China is doing with Australia. Canberra has shown their preferred Asian country of choice as a trading partner while sending a message to other countries.

Very good for China I must say.