Queensland Resources Council news

The QCoal Foundation is making a real difference with its ongoing support of regional communities by providing funding for Queensland students willing to study and work in the regions.

“40% of surveyed CEOs are currently investing in the research and development of low emission technologies from carbon capture and storage to energy efficiency projects,” says QRC.

The project had received its Environmental Authority for the AUS$1 billion Olive Downs project.

QRC has been invited to join the government’s trade mission to China, which will further strengthen trade through key resource commodities such as coal to stimulate investment in Queensland.

The report showed the company’s payments, including royalties, from its coal operations to the Queensland government had increased by more than AUS$100 million last financial year.

The Queensland Resources Council has said there could be no more hold ups, no more delays and no more excuses for the New Hope mine.

Queensland Resources Council said the exploration project would be an important new addition to Queensland’s coal industry.

Exploration potential within Queensland must be developed with new incentives, given the importance of the resources sector to the state and national economy.

Queensland mining companies will reconsider and prioritise reliability in their E&P partners for multi-million dollar contracts.

The QRC has said that a long shadow has been cast over the fellow mining communities of Oakey and Toowoomba by the drawn-out saga over approvals for the New Hope Stage Three expansion.