What countries does Australia export coal?

However, in terms of proportion of production exported, Australia was the world’s second largest coal exporter, with exports accounting for roughly 73% of coal production. Indonesia exports about 87% of its coal production.

Where does Australia export coking coal to?

Written by industry expert Anthony Le Bas, the report, titled ‘Australian Metallurgical Coal: Quality Sought Around the World’, details how more than 96 per cent of Australia’s metallurgical coal is exported overseas, with India, China and Japan three of the key markets.

Who is buying coal from Australia?

India is buying Australian coal that’s been stranded inside China for months, according to people who have made the purchases, spotlighting how geopolitics is complicating Beijing’s battle against an energy supply crisis.

Is Australia selling coal to China?

Australia exported 213 million tonnes of thermal coal in 2020 and 192 million tonnes in 2021, while China imported about 300 million tonnes of coal in both 2019 and 2020, which is roughly 25 million tonnes a month.

Where does most of Australia’s coal go?

About 70% of coal mined in Australia is exported, mostly to eastern Asia, and of the balance most is used in electricity generation.

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Does China need Australian coal?

While Australia has the coal Beijing needs, the world’s second-largest economy is unlikely to reverse an unofficial ban on Australian coal imports anytime soon, analysts told CNBC. … Before that, Australia was a major coal supplier to China — in 2019, some 38% of Chinese thermal coal imports came from Australia.

What is Australian coal used for in China?

After all, coal makes up nearly 60% of China’s energy consumption, so its steady supply is critical for the country’s energy security. Australia is the world’s largest exporter of metallurgical (or coking) coal, used to make steel.

Who owns Australia coal mines?

BMC. BMC owns and operates two open-cut metallurgical coal mines in the Bowen Basin – South Walker Creek Mine and Poitrel Mine. BMC is owned by BHP (80 per cent) and Mitsui and Co (20 per cent).

Does Australia export coal to India?

Australia exported record high volumes of thermal coal to India in April, as changing trade flows reflect Beijing’s ban on imports of Australian coal.

Why did China stop buying coal from Australia?

China has now officially blocked coal imports from Australia after months of vague restrictions that dramatically slowed trade and stranded huge ships at sea.

Where does China get most of its coal?

China fulfills its demand for coal by purchasing it from regional neighbors. In 2019, about 96.3 percent of China’s coal imports came from Australia (77 million metric tons), Indonesia (47.8 million metric tons), Mongolia (36.1 million tons), and Russia (29.2 million metric tons).

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Which country has the best quality coal?

Acknowledgement of Country

Australian coal is generally amongst the best quality coal in the world, regarded highly for its energy content, low impurity and its efficiency as a coking agent in the production of steel.