Queensland coal exports hit new record in 2018

Image: Port of Brisbane

Queensland’s coal exports totalled a record-breaking 223 million tonnes in 2018, surpassing the last record set in 2016 by two million tonnes, the Queensland Resources Council (QRC) has reported.

Coal from Queensland was exported to 30 different countries last year, including Argentina, Brazil, Chile, China, England, France, South Africa, Turkey, Ukraine and Vietnam.

The largest amount of coal was exported by Queensland’s Dalrymple Bay Coal Terminal, amounting to 69.5 million tonnes.

It was followed by Port of Gladstone with 67.9 million tonnes and Hay Point Coal Terminal with 48.9 million tonnes.

Further, the International Energy Agency (IEA) forecast Australia’s net exports of coal to increase by 20 per cent by 2040.

Australia’s coal earnings were targeted to generate over $67 billion in 2018–2019, making coal the largest commodity exported in Australia, according to the Office of the Chief Economist.

QRC chief executive Ian Macfarlane said, “This record can only be achieved through the hard work and world-class standards set by the 215,000 Queenslanders who work in or with the coal industry.

“Green activists continue to claim the world is turning away from coal, but the data proves it’s an essential ingredient for the world economy to grow.”

The Port of Gladstone also set a new export record with Queensland liquefied natural gas (LNG), totalling 20.58 million tonnes in 2018.

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