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.