QCA and Aurizon must resolve Japanese coal export impasse
Queensland’s Premier has called for Aurizon and the Queensland Competition Authority to resolve Aurizon’s threat to halt the movement of up to 20 million t of coal to export ports.
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Queensland’s Premier has called for Aurizon and the Queensland Competition Authority to resolve Aurizon’s threat to halt the movement of up to 20 million t of coal to export ports.
The increased projections stem from the strong international demand for metallurgical coal, and the stable prices for both metallurgical and thermal coal from Queensland.
Japanese steelmakers have raised concerns about Aurizon’s actions to restrict the movement of metallurgical coal from central Queensland mines to export ports.
Aurizon’s reduction in the number of coal trains will cut AUS$4 billion from Queensland exports and AUS$500 million in annual royalties paid by the industry to the Queensland Government.
The Queensland Resources Council has said that the Palaszczuk Government should support a Queensland HELE coal-fired power plant, in order to strengthen the region’s trade and energy leadership.
Australia’s Supreme Court has “overturned the Land Court decision to deny New Hope a mining lease for the New Acland Stage 3 expansion and remitted it back to the Land Court.”
The Queensland State Parliament’s Education, Employment and Small Business Committee will visit an underground mine in the coal mining town of Moranbah and hold a public hearing there today.
Year 11 and 12 students have worked with BMA Saraji coal mine apprentices and tradies at the BMA Trade Camp at Dysart High School, to experience what it is like to be a tradesperson for a week.
Glencore and Anglo have slammed Aurizon over its move to change its maintenance programme.
Queensland’s coal and mineral exports are driving the Palaszczuk Government to its trade target.
The Palaszczuk Government’s issuance of a mining lease could boost jobs and exports for Queensland.
Aurizon’s revised maintenance plan has been dubbed ‘Cyclone Aurizon’ because of the havoc it will create for the industry and the Queensland economy.