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Coal to Mexico

GLENCORE International has been awarded a $158 million contract to supply 2.77 million tonnes of thermal coal to a Mexican power plant.

It is the second time in six months the company has secured a contract issued by the Mexican Federal Electricity Commission.

Federal Trade Minister Mark Vaile said the announcement reflected the excellent reputation enjoyed by Australian coal.

"This contract represents a further boost to Australia’s growing exports to Mexico," he said. "Two-way trade between Mexico and Australia has doubled over the past five years to $1 billion.

"The increasingly diverse and dynamic relationship between Australia and Mexico offers enormous opportunities for Australian business."

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