https://www.engineeringnews.co.za

Queensland coal exports continue apace

Queensland coal exports continue apace

Photo by Bloombeg

15th October 2015

  

Font size: - +

PERTH (miningweekly.com) – Coal exports from Queensland for the first nine months of this year were 3.5% ahead of last year’s record-breaking figures, the Queensland Resources Council (QRC) revealed on Thursday.

The September quarter results reaffirmed the resources sector as a crucial pillar of the state’s economy and placed coal exports in good stead to exceed 2014 levels.

The QRC’s analysis of port export data showed that all four of the state’s major coal ports had exceeded the record-breaking export figures for the first nine months of last year.

Abbot Point reported the largest year-on-year percentage increase, with exports now at 21-million tonnes for the first nine months, up 11% compared with the same period of 2014. Dalrymple Bay Coal Terminal remained the largest exporter with 52.9-million tonnes, followed by Gladstone Port, at 52.7-million tonnes, and Hay Point Coal Terminal at 32.1-million tonnes.

QRC CEO Michael Roche said the results showed that coal continued to deliver for the Queensland economy.

“Despite a slump in commodity prices, coal is still a huge contributor to the Queensland economy. In 2014/15, coal contributed A$32-billion to the Queensland economy and accounted for 11% of all economic activity in the state.”

Roche said that while Queensland producers had increased volumes to keep operations viable in a depressed market, the latest figures also confirmed coal’s long-term future, despite all the naysayers.

“Contrary to claims of activists who are constantly bleating about the end of coal, we anticipate strong and continuing demand from energy-hungry nations across South-East Asia,” he said.

“The uptake of new high-efficiency, low-emission technology will see coal, particularly the high-quality coal found in Australia, play a rapidly expanding role in the future fuel mix.”

Roche said the export figures reflected the ongoing strong demand from steel producers for Queensland's high-quality coking coal.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer
Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.065 0.112s - 156pq - 2rq
Subscribe Now