Metallurgical Coal
Metallurgical coal prices are expected to be stable in real terms out to 2031.
Exports volumes are forecast to increase to 163 Mt in 202829 with production increases at key facilities, before easing to 158 Mt in 2029–30 and 157 Mt 2030–31.
Export earnings are expected to fall from $38 billion in 202526 to $36 billion in 2028–29 (in real terms) before falling further to $34 billion in 2030–31.
(source: https://www.industry.gov.au/publications/resources-and-energy-quarterly-June-2026
ABH Resources Insights:
A number of Australian producers are now using the term Steel-Making Coal to differentiate its value case from thermal coal.