The current period estimate is based on contract prices of around US90/ton, signed up for during the crisis. Markets look ahead and future estimates are much higher. Margins will multiply if correct, and on top production is forecast to double. As for the $US as it tanks commodities will adjust upwards over time, eg gold currently. The ship queues are disappointing - the govt is so hopeless with infrastructure but you'd expect it to be resolved over time as the big players face the same issue. Coal is Australia's biggest export by a long way, with Iron Ore coming in second.
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