Report: Surging Coal Price is driving NSW Coal Continuation and Development Projects
NSW Coal operational continuation and extension projects offer immediate ongoing opportunities for goods, consumables, technology and services supporting Mining Equipment, Technology and Services (METS) firms.
Coal continues to be NSW’s most valuable export commodity, with export earnings of $16 billion in 2021 as well as $1.6 billion in royalties paid to the NSW Government.
There has been a significant surge in the export coal price over recent months with the Newcastle 6,322kc Thermal Coal Price of +US$170 per tonne in September 2021– a more than tripling in price over the last 12 months from US$50 in September 2020.
Download this Business Intelligence report by Bede Boyle September 2021 below.