21. He pointed out that the devaluation of the Canadian dollar since the failed separatist vote would encourage coal producers there. 22. Howard is arguing that unlike other developed countries, Australia is a major net energy exporter, particularly as a coal producer. 23. It is the first price rise won by Australian coal producers in more than four years. 24. Last year Canadian coal producers secured increased tonnages from the Japanese, to settle quickly with steel manufacturers and take advantage of their devalued currency. 25. The complex system of government payments involves Rosugol and the local governments, which often are indebted to coal producers in their regions. 26. Australian coal producers hoping to win higher prices at upcoming Japanese contract negotiations were told Monday that Japan remains mired in economic downturn with no relief in sight. 27. United mineworkers federation President John Maitland described the price rise as a poor outcome for coal producers but said miners were entitled to a share of it. 28. The minister warned if France breached its obligations to Australian coal producers it could face legal action from Australian companies. |