Downer
HomeMining Industry News Newcastle coal exports on track

Newcastle coal exports on track

Wednesday 28th of December 2016 12:10:03 PM



The Port of Newcastle’s coal exports are on track to exceed the tonnage totals set in 2015, with the added financial benefit of substantially higher “spot’ prices flowing through to longer-term contract prices.

The latest figures from industry sources including the Hunter Valley Coal Chain Co-ordinator show that Port Waratah Coal Services and Newcastle Coal Infrastructure Group are both on track to lift their exports this year.

Together, the three loaders should move about 161 million tonnes this year, up from 158 million tonnes in 2015 and a record 159 million tonnes in 2014.

On average about 85% of Hunter coal exports are sold as thermal coal for power stations, with the highest quality 15% sold as higher-priced coking for use in steelmaking.



Read Full Story Here

Recent Related News

Y Fronts teaser bannerDowner Group MiningLink prefered resume writers Civil Link Banner
Heavy Duty Diesel Fitter
Diesel Fitters required ASAP FIFO Perth to Pilbara

Heavy Duty Diesel Fitter
Bis Industries requires a Heavy Duty Diesel Fitter to join our Kalgoorlie Workshop

HR HC MC Driver
International mining contractor with over 2000 employees Great career opportunities Family friendly lifestlye

WHSE Advisor
Bis Industries is seeking an experienced WHSE Advisor

Account Manager
Bis Industries is seeking an experienced Account Manager to join our team in Tomago, NSW.

Glencore Moves Some Transport Operations To Trucks On Queensland Roads
It has been confirmed by Glencore that there will be more freight on the road in north Queensland after rail company Aurizon lost its contract. Aurizon's contract loss in January meant ....

Olive Downs Coal Mine Project Takes The Next Step
The Olive Downs project coal mine proposal near Moranbah has moved a step closer to being approved leaving Central Queenslanders feeling more positive. The $1 billion project will create more ....

Legal Bid Launched To Pay QLD Apprentices Less Than Award
A legal bid has been launched by Queensland’s peak construction bodies to continue paying first-year apprentices $8.93 per hour, almost $4 less than the award. The unions have slammed the ....

Confident National Party MP Says Narrabri Coal Seam Gas Proposal 'will Go Ahead'
Representing the area covered by the proposed Narrabri Gas Project, Kevin Humphries the Nationals MP is confident that the coal seam gas company Santos will pass the relevant checks and gain ....

Proposed Open Cut Mine At Drayton South Rejected For The Fourth Time
To stop the Drayton South proposal for once and for all, the horse industry says the legislation that permanently banned the proposed Bickham coal mine near Scone is needed. The NSW Planning ....

iComplii