Hay Point drags down coal export volumes
OCTOBER coal shipments from the BHP Mitsubishi Alliance-owned Hay Point Coal Terminal slumped to its lowest level in years, according to North Queensland Bulk Ports Corporation data.
Hay Point exported just 2.95mt; down 19 per cent year-on-year and 33 per cent month-on-month.
In October, A total of 11.9mt of coal was shipped from Hay Point, Dalrymple Bay and Abbot Point coal terminals; up 4 per cent from a year earlier but down 11 per cent from September.
It represents the smallest monthly volume since May, when exports stood at 10.16mt.