Newcastle port, the world's largest exporter of coal, just got bigger.

Construction work on the final stage of Newcastle's third coal loader is complete.

Approved by the News South Wales Government in 2007, the $2.5 billion dollar Newcastle Coal Infrastructure Group (NCIG) project was built in three stages.

The final stage included a third ship berth and a fourth stacker reclaimer.

The Premier Barry O'Farrell today officially opened the terminal and says it will create 5,000 jobs across the state.

"Whether people like the mining industry or not the fact is it supports jobs, it pays taxes that help provide the critical services that people across the state enjoy," he said.

The head of NCIG Rob Yeates says the project was built ahead of time and under budget.

The new terminal means more than 200 million tonnes of coal can be exported from Newcastle every year.

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