At the end of 2019, Australia鈥檚 recoverable Economic Demonstrated Resources were75,428 million tonnes (Mt)of black coal and 73,865 Mt of brown coal. Australia is currently the fifth largest producer and the second largest exporter of coal and has the third largest reserves of coal in the world. Is Australia the biggest exporter of coal?
People also ask
What is the largest coal exporter in Australia?
Australia has become the largest exporter of metallurgical coal and LNG, and the 2 nd largest exporter of thermal coal. Expansion of these exports on prodigious scale is a priority for both major Australian political parties. Kooragang coal export terminal stockyards, Port Waratah Coal Services, Newcastle, New South Wales, Australia 1.
How much coal is exported from the world?
Leading fossil fuel export Global sales for coal exports from all countries totaled US$82.8 billion in 2020. Worldwide, the value of coal exports increased by an average 15% for all exporting countries since 2016 when overall coal shipments were valued at $72 billion. Year over year, the value of exported coal dropped -26.6% from 2019 to 2020.
How much coal does Australia consume?
Australia ranks 10th in the world for Coal consumption, accounting for about 11.4% of the world’s total consumption of 1,139,471,430 tons. Australia consumes 5,343,289 cubic feet of Coal per capita every year (based on the 2016 population of 24,262,712 people), or 14,639 cubic feet per capita per day.
What are Australia鈥檚 biggest exports?
Coal is currently Australia鈥檚 biggest export. Thermal coal is exported overseas for power generation, with new and bigger projects planned (for example, coal from the proposed Adani megamine will be shipped to India).