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Australia's North Queensland Jul coal exports rise 9% on year to 12.24 mil mt: NQBP

Sydney (Platts)--8 Aug 2017 951 am EDT/1351 GMT


Exports of coal from the metallurgical coal dominant region of North Queensland, Australia, totaled 12.24 million mt in July, up 9% year on year but down 4% from June, North Queensland Bulk Ports Corporation data showed Tuesday.

The exports come via the 85 million mt/year capacity Dalrymple Bay Coal Terminal, the 55 million mt/year Hay Point Coal Terminal and the 50 million mt/year Abbot Point Coal Terminal.

Total exports in July from the three terminals translate to an annualized rate of 144.16 million mt, which leaves 45.84 million mt of latent capacity across the three terminals with a combined capacity of 190 million mt/year.

The biggest of the three, DBCT, which is a Queensland State Government-owned common user facility, shipped 5.82 million mt during the month, which is up 8% year on year but down 10% from a six-month high of 6.44 million mt in June, the figures showed.

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The neighboring BHP Billiton Mitsubishi Alliance-owned Hay Point Coal Terminal saw a similar trend to DBCT, with its July exports of 4.06 million mt surging 15% year on year, but falling 4% from a seven-month high of 4.24 million mt in June, NQBP data showed.

The Adani Group-owned Abbot Point Coal Terminal, meanwhile, saw exports edge 2% higher year on year and jump 13% month on month to 2.37 million mt in July, it said.

For the year to July, combined exports from the three terminals totaled 71.76 million mt, with an annualized rate of 123.55 million mt, NQBP data showed. Last year, they shipped 144.19 million mt.

All three terminals saw export volumes crash around April following Tropical Cyclone Debbie, which caused them all to shutdown for periods of time.

The breakdown of metallurgical coal and thermal coal export volumes was not readily available, but metallurgical coal makes up the bulk of those exports.

--Nathan Richardson, newsdesk@spglobal.com
--Edited by Geetha Narayanasamy, geetha.narayanasamy@spglobal.com




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