INTERNATIONAL COAL NEWS

Mineral export earnings increase, coal goes down

DRIVEN by higher export prices and volumes, Australias export earnings from mineral resources ros...

Staff Reporter

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The September quarter Australian Mineral Statistics report reported that steaming coal export earnings were down 8% to $1.703 billion while coking coal was down 2% to $4.063 billion.

The commodity that had the largest increase in export earnings in the September quarter 2006 was again crude oil, up 69% to $2.33 billion, mainly as a result of a large increase in export volume.

The export earnings for some major export commodities decreased during the September quarter 2006, including steaming coal, copper, coking coal, lead and zinc, although earnings still remain significantly higher than 12 months ago, apart from coal.

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