The black coal sector – a look back and a look forward

WHO SHOULD READ THIS

• Current and prospective producers of, and investors in, black coal exports from Australia;
• Those seeking to understand likely medium term trends in coal supply and demand; and
• Those seeking to shape policy and regulation for coal production in Australia.

THINGS YOU NEED TO KNOW

• The International Energy Agency recently summed up the outlook for the Australian black coal export sector very well: "It benefits from a large high quality resource base (in particular low cost/high quality coking coal) and from a formidable mining industry which has successfully cut costs in recent years. Australia ... continues to be well-positioned to serve coal import needs in the Pacific Basin." Australia is well-positioned to grow its exports of both thermal coal and coking coal over the next two decades.