Southeast Asia and India, the main market for Australia’s Coal

13-Nov-2015 # Australia and NZ Source: AFR

The steady growth in Australia’s coal exports will come thanks to a booming growth in demand from India and south-east Asia, which will more than offset a sharp fall in demand from China, Europe and the United States.

The International Energy Agency says in its 2015 World Energy Outlook that Australia’s coal exports will increase by more than a third to 424 million tonnes a year between now and 2040 as regards demands from India and Southeast Asia.

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