Coal exports to steady before a slide

Original article by Joe Kelly
The Australian – Page: 4 : 9-Feb-21

The New South Wales government has forecast that demand for the state’s thermal coal in Asia will remain strong at more than 600 million metric tonnes a year until 2030. However, this is expected to gradually decline to about 470 million metric tonnes in 2050 as the global transition to alternative sources of energy generation gathers pace. The government document also notes that the industry contributes about 22,000 direct jobs to the state economy, as well as some 89,000 indirect jobs.

CORPORATES

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