Australia’s thermal and met coal export earnings expected to ease

Australia’s thermal coal export earnings are expected to ease from $37 billion in 2023–24 to around $28 billion by 2025–26 as prices fall. Its metallurgical coal export earnings are expected to decline from $61 billion in 2023–24 to $42 billion by 2025–26. Thermal coal markets have been relatively tight: demand from China is greater than expectations, secondary sanctions against Russia […]