Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
Australia remains the world’s leading coal exporter, but energy-transition pressures and self-sufficiency goals in China and India will erode long-term demand. Thermal coal prices (Newcastle 6,000 kcal) are expected to stabilise near current levels, supported by short-term weather disruptions and seasonal power needs. On the metallurgical side, Queensland mines are resuming output after earlier disruptions, yet profitability remains squeezed by […]
