28 November 2012

Xstrata Coal was last night named winner of the Minerals and Energy Winner category in the 50th Australian Export Awards, hosted in Canberra by Trade and Competitiveness Minister Craig Emerson.

Xstrata Coal produces thermal and coking coal and is the world's largest exporter of seaborne thermal coal, with interests in 30 operating coal mines throughout NSW, Queensland, South Africa and Colombia. It produces over 100 million tonnes of coal annually and employs more than 17,000 people across the globe.

Xstrata Coal was recognised for its success in growing export sales by 28 per cent over the past five years and has committed to over $4 billion in developing new export production capacity in the last three years. Dr Emerson last night congratulated the winners and spoke of the importance of innovative firms to Australias current and future prosperity.

As we turn our attention to the Asian Century, and the next wave of opportunity it will bring, exporters will play a more important role than ever, Minister Emerson said.

That is why the Government is determined to support and encourage exporters through measures announced alongside the Governments Asian Century White Paper, as well as our ongoing commitment to sound economic management and free trade.

Member for Hunter, Joel Fitzgibbon congratulated Xstrata Coal, saying it deserved recognition both for its international success and its contribution to the local community.

Xstrata Coal has shown how local firms can compete and win on the world stage, Mr Fitzgibbon said. This Award is a measure of the importance the Government places on exporting for the future of regions like ours.

The 50th Australian Export Awards program is co-presented by Austrade and the Australian Chamber of Commerce and Industry (ACCI). The Awards are run in collaboration with the States and Territories, which all conduct their own Export Awards program. State and Territory winners progress to the Australian Export Awards as finalists.

For more information about the Australian Export Awards, including a full list of finalists and winners, visit: www.exportawards.gov.au