UPDATE: Here is the media coverage. The Age/SMH, ABC Gippsland, Australian Mining, Renew Economy. I also did interviews with Win TV and live on ABC Gippsland which I can’t find.
Our report for Environment Victoria on the future of Victoria’s brown coal has been released! The main findings are that Victoria is unlikely to develop a viable bulk coal export industry due to:
- Low quality of the coal
- Processing costs of turning such low rank coal into some marketable product
- Transport costs to major buyers
Competing areas such as Queensland, Indonesia, Mongolia and others do not have these costs.
Even if a coal export project went ahead claims of thousands of jobs and billions in royalties are implausible, even on proponents’ own figures.
Get the report here:
Undermined or overburdened? Victoria’s brown coal: an economic perspective