Cyclone Debbie has led to a disruption of Australian coal exports as a result of damage to some of the country’s key rail lines. Between 15 million and 20 million tonnes of coking coal that was destined for Asia has been stalled, with the worst hit said to be the key Goonyella rail line.
Goonyella connects a large number of the Bowen Basin’s mines to the vast coal ports of Dalrymple Bay and Hay Point – operated by BHP Billiton. Hay Point has been closed since the cyclone struck last week and it’s expected to take around 5 weeks for exports to resume.
Queensland accounts for over 50% of global coking coal supplies, with Goonyella carrying more than half of that.