Australia coal news
Generation underwriting programme a long-overdue first step in securing low cost reliable power
The call for Registrations of Interest in the Australian Government’s Underwriting New Generation Investments programme is a long-overdue first step in securing the diverse mix of energy technologies.
“Queensland’s black coal is putting the Queensland budget in the black,” says QRC
On 13 December, QRC Chief Executive Ian Macfarlane welcomed Treasurer Jackie Trad’s budget update, showing record returns from coal royalty taxes.
Coal drives record royalty tax for Palaszczuk Government Budget
Since the State Budget in May, strong metallurgical and thermal coal prices have boosted royalty tax returns to the Government to record levels, says QRC.
Acaica Coal sells entire shareholding in Bowen Coking Coal Ltd
This share sale adds to the company’s cash reserves from its recent rights issue.
QRC welcomes Queensland Competition Authority’s UT5 decision
QRC has welcomed the Queensland Competition Authority’s final Aurizon Network’s UT5 decision for the Central Queensland Coal Network.
Insurers face pressure to refuse support for Carmichael coal mine
Organisations with a combined membership of 76 million are calling on insurance companies to publicly rule out support to build the Carmichael coal mine in Australia.
Resources surge with renewed confidence and increased exploration, says QEC
Queensland Resources Council Chief Executive Ian Macfarlane said the release of the annual QEC Scorecard capped off a strong year for resources.
MCA: Carmichael coal mine development to benefit Queensland and Australian economies
The Minerals Council of Australia comments on Adani Mining’s recent announcement that it has secured the funding to develop its Carmichael coal mine in Australia.
QRC comments on financing approval for Adani’s Carmichael project
The investment in the project is a sign of the strength of the Queensland resources sector.
Australia to see boost in jobs, communities and mining sector following Adani’s Carmichael financing agreement
The Queensland and Australian economies will benefit from thousands of new regional jobs and long-term investment in the mine and rail infrastructure.