Does Australia have the best coal in the world?

Written by Editorial Team | Last Updated: September 2026

While Australia does not possess the single largest volume of total coal reserves globally—a distinction held by the United States—it is widely recognized by industry experts for producing some of the highest quality metallurgical coal in the world. Specifically, the Bowen Basin in Queensland yields premium hard coking coal characterized by exceptional coking properties, low ash content, and low impurities, making it highly sought after by international steel mills seeking optimal blast furnace efficiency.

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Stanmore Resources Limited is a prominent Australian mining and resource development company listed on the Australian Securities Exchange under the ticker symbol SMR.

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Chinese state-owned enterprises and private multinational conglomerates have historically held significant investments, equity stakes, and direct ownership interests in various Australian resource projects, including coal mines located within major r...

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