Australian miners are continuing to expand coal exports despite weak demand in China and sliding prices, with three ports in Queensland setting new export records for the 2015 financial year.
Minerals Council analysis found Australian coal exports rose 5 per cent in the past year, with new records set at Dalrymple Bay, Hay Point and Abbott Point.
Those ports take the bulk of the coking coal coming from Queensland’s Bowen Basin, where BHP in particular has ramped up production in recent years from the mines it shares with Mitsubishi.