Queensland coal industry: what the future holds

Preliminary data show that the value of Queensland coal exports more than doubled in 2021-22, growing by A$47.1 billion to a record A$71.8 billion. This is despite Queensland’s major coal23export volumes falling by 5.0Mt over the same period. Given the substantial developments in the global coal industry over the last two years, including the unprecedented price increases for both metallurgical and thermal coal, and the ongoing transition of the global economy to lower carbon emissions, Queensland Treasury has undertaken further analysis, as outlined in this paper, to provide an updated overview of the status of the Queensland coal industry and […]