Amidst earlier projections made by Access Economics that resource prices would slide down by 2013 and 2014, a senior resources experts said that while iron ore price may see some softening over the next four years coal prices would still flex some muscles due to continuous high demand.

Mine Life senior analyst Gavin Wendt told ABC on Friday that the price outlook for coal remains strong as he added that thermal coal would specifically see doubling demand as it is "used in power generation and in particular in south-east Asia where there is a huge demand."

Mr Wendt pointed to the fact thermal coal is the universal answer for any energy requirements as he highlighted its utility as "easiest and quickest solution to alleviate those power needs and I think we're going to see thermal coal prices strong for at least the next decade."

The senior analyst said that since the acceleration of its industrialisation, China has been the perennial number one global consumer of energy resources and the country's needs would only move in the upward surge in the years to come as its economy sustains its incredible expansion.

Mr Wendt added that the exports needs of India for energy resources were not far behind as he cited that many experts were predicting that the country would need to purchase coal three times its current consumptions over the next few years.

He said that the supply reservoir would not be able to satisfy present and future demands even in the face of huge yields set to be delivered by the China First mine site in the Galilee Basin, which is projected to produce some 1.4 billion tonnes of thermal coal.

Mr Wendt said that demand would always overtake supply, ensuring that prices would remain favourable for coal producers though he emphasised that clean and quality coal output would be an edge especially for Australia, which has "always been a first-rate producer when it comes to coal quality."