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Aussie coal is 'critical'

COAL has once again done the heavy lifting for Australia's exports, taking out first prize ahead of iron ore. However, rising production costs and sagging productivity because of poor government planning may crimp its contribution into the future.

Lou Caruana
Coal exports grew 11% for the year, which was not far behind the 17% for copper.

Coal exports grew 11% for the year, which was not far behind the 17% for copper.

Mining contributed a record $455 billion in export revenue for Australia in the 2022-23 financial year, according to the latest Australian Bureau of Statistics. This figure represents two-thirds of...

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