ENVIRONMENT

Aussie met coal producers set to benefit from decarbonisation

PEABODY Energy, Coronado Global Resources and Whitehaven Coal will emerge as winners as metallurgical coal continues to be used as an essential commodity in the decarbonisation process, according to research by Jefferies.

Whitehaven's acquisition of the Daunia mine from BMA means that it is now a major met coal producer.

Whitehaven's acquisition of the Daunia mine from BMA means that it is now a major met coal producer.

Australian producers are ideally positioned, exporting 161 million tonnes of met coal in 2022 whereas Russia exported 57Mt, US 40Mt, and Canada 28Mt. "The bottom line is that steelmakers that use coke...

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