WoodMac comments on environmental approval for Carmichael coal project
Queensland’s thermal coal exports could be set to grow stronger than forecast, says Wood Mackenzie.
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Queensland’s thermal coal exports could be set to grow stronger than forecast, says Wood Mackenzie.
The QRC and the resources sector embraces renewable energy, not only as a supplier of electricity for operations, but as a market for the coal and metals mined.
Resource exports delivered over AUS$65 billion of the AUS$85.2 billion total exports of Queensland goods in the 12 months to the end of April 2019.
The finalisation of the Black Finch Management Plan is great news for jobs and stronger regional communities in central Queensland.
Peabody is proceeding with reventilation of the first segment of the North Goonyella coal mine.
The QRC will now ask its member companies to consider the offer along with their request for the resources industry to contribute AUS$70 million to a Regional Infrastructure Fund over three years.
According to the QRC, there is no point to a trade mission to any of Queensland’s valued trading markets while there is uncertainty that new taxes will be imposed on resources.
This is a positive step towards construction of the Carmichael mine and rail project.
Adani has meet with the Department of Environment and Science and the Coordinator General to put a timeline on finalising the outstanding management plans for the Carmichael coal project.
US coal exports to Japan were at five year highs, and a royalty hike could make US coal more attractive than Queensland coal in the Japanese market.
The QRC is calling for the full support of the Queensland Parliament to support a strong future for all mining and resources projects.
An agreement between Abbot Point Operations and the Queensland Government brings court proceedings relating to stormwater release during Cyclone Debbie to an end.