Coal exports from Australia’s Newcastle port decline

Wednesday, 16 January 2013 10:33:42 (GMT+3)   |   Istanbul

In the week ended January 14, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3.1 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 2.3 percent compared to the 3.2 million mt of coal shipments recorded in the previous week, following a week-on-week decrease of 9.5 percent registered in the week ended January 7.

In the period of January 1-14, Newcastle port exported 6 million mt of thermal and coking coal, while the port authority forecasts that Newcastle port will ship a total of 11.7 million mt for the whole of January. However, in December last year Newcastle port exported 13.1 million mt of thermal and coking coal.

Anglo American, Peabody Energy, Rio Tinto and Xstrata are some of the larger exporters to ship coal from Newcastle port.

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