Bumper year for coal exports
QRC chief executive Ian Macfarlane said new data from Queensland’s ports revealed total coal exports of 223 million tonnes in 2018, which beat the previous record set in 2016 by two million tonnes.
Port of Brisbane (Queensland Bulk Handling) 7.1
Abbot Point Coal Terminal 29.8
Hay Point Coal Terminal 48.9
Dalrymple Bay Coal Terminal 69.5
Port of Gladstone (RG Tanna & WICET) 67.9
“Green activists continue to claim the world is turning away from coal but the data proves it’s an essential ingredient for the world economy to grow," Mr Macfarlane said.
“Queensland coal was exported to 30 different countries or territories (around the world).
“This record can only be achieved through the hard work and world-class standards set by the 215,000 Queenslanders who work in or with the coal industry.
“According to the International Energy Agency, Australia’s net exports of coal is forecast to increase by 20 per cent by 2040, while the Office of the Chief Economist said Australia’s coal earnings are on target to generate more than $67 billion in 2018–19, making it Australia’s largest commodity export.”
QRC’s current economic data shows the coal industry contributed $43.4 billion to Queensland’s economy in 2017-18 and invested $13.1 billion with local businesses and community organisations.