Queensland Resources Council news

The Queensland Resources Council has welcomed the decision of new Treasurer to provide regulatory certainty for rail and port infrastructure so critical for the coal industry’s economic contribution.

The Australian government’s approval of the Olive Downs metallurgical coal mine project near Moranbah in central Queensland will create more than 1000 new jobs in the region.

The Queensland Resources Council has raised concerns that proposed industrial manslaughter laws will have the reverse outcome of decreasing the safety culture in the mining industry.

The Queensland government’s North Queensland Regional Plan has reinforced a strong future for the resources sector.

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.