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Increased coal, LNG and mineral sales have helped Queensland post a record export result of $73.7 billion for the 12 months until the end of May, according to the latest trade data released by the State Government. Queensland Resources Council Chief Executive Ian Macfarlane said the resources sector contributed almost $60 billion - or 80% - of the result.
Queensland coal exports are yet to feel the full force of the repeated threat by monopoly rail operator Aurizon to stop the movement of up to 20 million tonnes annually from mine to port. Queensland Resources Council Chief Executive Ian Macfarlane said it was unsurprising that coal exports were higher this year compared to 2017 due to stronger global demand and the impact of Tropical Cyclone Debbie that crossed the coast in March last year.