Australian metallurgical coal to continue supporting economies
MAY 18, 2021tags: Coal
By Paul Homewood
h/t Dennis Ambler
Australia will continue to be a strong supplier of steel-making (metallurgical) coal over the next couple of decades due to its high quality, according to a report recently released by the Minerals Council of Australia (MCA).
‘Australian Metallurgical Coal: Quality Sought Around the World’ – the second in the MCA’s ‘Best in Class: Australia’s Bulk Commodity Giants’ series – is an in-depth exploration of how and why Australia is the largest seaborne exporter of steel-making coal.
Metallurgical coal is a critical component for steel making and Australia’s quality attracts customers from around the world from Asian countries such as India, China, Japan, South Korea, and Taiwan all the way to the EU. Over 96% of Australia’s metallurgical coal production is exported.
Using high-quality Australian metallurgical coal reduces emissions while maximising productivity for blast furnace operators.
In 2019, Australia exported 184 million t (worth AUS$41.3 billion) of metallurgical coal, while North America (50 million t), Russia (39 million t) and Canada (35 million t) exported significantly smaller volumes.
Meanwhile, Roger Harrabin wants to ban the new mine in Cumbria, which might produce 3 million tonnes a year: