Should be in 'The Australian' print edition on Monday 9 June 2024:
"Chinese thermal coal demand...has fuelled a record 25,505 coalmining jobs in NSW, with almost 32 million tonnes of coal shipped to the Asian nation in the year to March.
...exports of NSW thermal and metallurgical coal to China lifted from 3.57 million to 31.9 million tonnes in one year after Beijing lifted trade restrictions. (NSW exports) increased by 19 per cent to levels exceeding volumes recorded before Xi Jinping ordered sweeping trade crackdowns on Australian products. Japan remains the top destination for NSW coal, followed by China, Taiwan, Korea and Malaysia.
New figures show coalmining jobs in the state reached record levels in March, lifting above the 25,000 barrier for only the second time since coal job numbers were first recorded by Coal Services Pty Ltd in 1998, when the workforce was 10,898.
At the end of March, 14,750 coalmining jobw were in the Hunter Valley, the state’s largest coalmining hub. Near record job numbers were also registered in Gunnedah (3116), western NSW (3585) and southern NSW (3344)..."
WHC Price at posting:
$8.03 Sentiment: Hold Disclosure: Not Held
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(20min delay)