Australian thermal coal export earnings to ease by 2029-30

Australia’s thermal coal export earnings are expected to ease from $34 billion in 2024–25 to around $22 billion by 2029–30 as prices continue to fall. Australian met coal exports are expected to peak at 174 million tonnes in 2027–28, as new mines come online. Thermal coal spot prices are expected to fall slowly over coming years, from US$135 a tonne […]