Australia cuts 2024-25 met coal export outlook by 6% amid lower output

Australia cut its projected metallurgical coal exports for 2024-2025 (July-June) by 6.4% to 161 million metric tons from 172 MMt projected in June 2024, data released by the Department of Industry, Science and Resources showed Sept. 30, amid lower production. The met coal production forecast for 2024-25 was lowered by 6.3% to 165 MMt, from the 176 MMt estimated in…Australia cut its projected metallurgical coal exports for 2024-2025 (July-June) by 6.4% to 161 million metric tons from 172 MMt projected in June 2024, data released by the Department of Industry, Science and Resources showed Sept. 30, amid lower production. The met coal production forecast for 2024-25 was lowered by 6.3% to 165 MMt, from the 176 MMt estimated in…Read More