Strong Asian demand boosts coal exports

Original article by Matt Chambers
The Australian – Page: Online : 11-Sep-18

The Australian Bureau of Statistics has reported that the value of thermal coal exports in July was at a record $2.45 billion, up 14 per cent from the previous month. Export volumes of thermal coal for July increased by 10 per cent to a record 19.87 million tonnes. The combined value of thermal and coking coal exports in July was $5.58 billion, compared to a value of $4.7 billion for iron ore. The latest federal Industry Department forecast suggests Australia will export 199 million tonnes of thermal coal in 2018-19.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, NEW HOPE CORPORATION LIMITED – ASX NHC, WHITEHAVEN COAL LIMITED – ASX WHC, ADANI MINING PTY LTD

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