Global demand

Queensland is the world’s largest exporter of the coal (metallurgical coal) used to make steel in technologies ranging from wind turbines to electric vehicles essential for the global transition to clean energy.

Queensland coal makes up 90% of Australia’s exports of the coal used to make steel. Australian coal exports, are projected to grow 10% by 2050.

Queensland’s coal industry enjoys key advantages, including its geographic location, world class infrastructure and high-quality coal, compared with many of its global competitors.

Coal companies including Whitehaven Coal, Peabody Energy, Stanmore, Coronado and Pembroke Resources continue to invest in Queensland’s coal mines, creating a record 44,000 jobs.

This is up 15.8% since changes were made to Queensland’s coal royalties scheme in 2023.

Read more about decarbonisation and the new-industry opportunities for Queensland.

Last updated: 14 February 2024