Surging Metallurgical Coal Price is driver for New Projects

Australia is the world’s largest exporter of metallurgical coal primarily used for steelmaking which is the world’s second largest industry.

Australia exports about 170 m tonnes per annum of metallurgical coal comprising

• HCC - Hard Coking Coal for making coke
• Semi Soft Coking Coal for making coke
• PCI - Low volatile Pulverised Coal for injection into blast furnace A wind turbine requires 142,000 kg of metallurgical coal and an average car 650 kg

There are over 20 metallurgical coal projects in QLD & NSW progressing through Exploration > Feasibility Studies > Development Approval > Funding > Commencement. 

To read the full Report, view HERE.