Slight drop in coal exports from Australia’s Newcastle port

Tuesday, 11 December 2012 16:56:14 (GMT+3)   |   Istanbul

In the week ended December 10, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.7 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 2.7 percent compared to the 2.8 million mt of coal shipments recorded in the previous week.

The port authority forecasts that Newcastle port will ship a total of 12.35 million mt for the whole of December. In November this year, Newcastle port had exported almost 10 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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