Port of Newcastle export figures show strong demand for NSW coal

January 18, 2017

The 2016 Port of Newcastle export figures highlight the strong global demand for NSW coal,
with a new monthly coal export record of 15.9 million tonnes achieved in December.
 
"The 161 million tonnes of coal exported through the Port of Newcastle confirms the
strong global demand for NSW coal, particularly our high quality thermal coal from the Hunter.
Coal is our State's most valuable export so It's good news for the NSW economy as well as
being great news for the Hunter,” NSW Minerals Council CEO, Stephen Galilee said today.
 
In its most recent report, the independent International Energy Agency (IEA) has forecast an
increase in Asian demand for Australian coal - a rise of 0.8% year on year. Indian and South
East Asian demand is forecast to grow by 3.6% and 4.4% yearly.
 
“In the same report, our coal exports are forecast to increase from 350 tonnes to 410 tonnes
by 2040 and Australia’s share of the international coal trade is expected to grow from 32 per
cent to 36 per cent,” Mr Galilee said.
 
“Many of our trading partners in Asia are building more and more new technology coal fired
power plants so this high level of demand for NSW coal is anticipated to continue for many
years to come," he said.
 
Contact​: Harry Hughes | hhughes@nswmining.com.au | 0409 758 734 | 02 9274 1419

More News

Government response to Minerals Industry Act..

November 06, 2015

The NSW Government’s response to the Minerals Industry Action Plan prepared last year by the Minerals Industry Taskforce highlig...

New group to offer women in mining more netw..

December 17, 2013

We’re pleased to announce that our NSW Women in Mining network (WIMIN NSW) is collaborating with the AusIMM’s WIMnet to launch a...

2014 NSW Minerals Council Expenditure Survey

November 17, 2014

The NSW Minerals Council’s latest Expenditure Survey has found that the 22 participating mining companies directly injected $13....

Sign up for more information and Updates from NSW Mining