In the Queensland Resources Council’s latest State of the Sector report, 52% of resources chiefs said they would increase employment over the next quarter with 13% looking to increase employment ‘substantially.’
Exploration is an important indicator of confidence in the resources sector, and greenfield exploration demonstrates the sector’s willingness to explore for larger deposits, QRC states.
“Aurizon should co-operate with the Queensland Competition Authority, immediately resume its normal maintenance programme on the Central Queensland Coal Network and end the coal export impasse it started.”
Mitsubishi Corp. and BHP, which each hold a 50% interest in the Queensland mine, are to sell to Sojitz Corp.
The QCA’s request for more information about the monopoly rail operator is a further sign of Aurizon’s inability to explain its change to maintenance services.
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.
“We are very pleased to be able to further strengthen this relationship with BaoWu by assuming operatorship of Eagle Downs,” says South32.
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.