Queensland Resources Council news

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.

QRC has welcomed the Queensland Competition Authority’s final Aurizon Network’s UT5 decision for the Central Queensland Coal Network.

Queensland Resources Council Chief Executive Ian Macfarlane said the release of the annual QEC Scorecard capped off a strong year for resources.

The investment in the project is a sign of the strength of the Queensland resources sector.

Queensland’s resources sector continues to drive jobs growth and investment in communities with a AUS$62.9 billion contribution to the state’s economy in 2017 - 2018, Ian Macfarlane, Chief Executive of the Queensland Resources Council, (QRC), said yesterday.

The QRC has welcomed the Land Court’s decision on New Hope’s New Acland Stage 3 mine expansion near Toowoomba.

Students came up with a magnetic track to transport coal, a helmet with a range of sensors to ensure miners are safe and easily contacted, and a wristband that measures their health while underground.

The new mine lease is set to create 350 ongoing local jobs in Bowen Basin communities.

Queensland Resources Council Chief Executive Ian Macfarlane has issued a statement following the Supreme Court of Queensland’s decision to dismiss Aurizon’s legal challenge to the draft coal rail network decision.

That growth has come mostly from the commodities that make Queensland a resources powerhouse – coal and gas.