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04.06.2021 (534 Clicks)

Costain’s Simon Ellison to lead Highways England Account Team

Simon Ellison has been appointed as Costain’s Highways England client director and will be responsible for maintaining and developing the relationship of our longstanding client.

03.06.2021 (525 Clicks)

Fugro CEO participates in UN Ocean Decade Launch Event

Fugro CEO Mark Heine participated alongside world leaders and experts from a diverse range of stakeholder groups in the First International Ocean Decade Conference.

03.06.2021 (610 Clicks)

Cimic's UGL secures Contract at Kidston Clean Energy Project

Cimic Group’s UGL has secured a contract for the design, construction and installation of a high voltage transmission line from Kidston to Mt Fox in Queensland, and a new 275kV switching station located at Mt Fox.

03.06.2021 (487 Clicks)

Townsville the Heart of Queensland’s new Minerals Processing Era

Queensland is entering a golden new era of minerals processing and Townsville is right at the heart of the action, Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said today.

02.06.2021 (485 Clicks)

Global Growth will be fuelled by Queensland Resources

A national commodity outlook released today confirms what most Queenslanders already know – they can count on resources to help the state recover from COVID-19 and thrive well into the future, the Queensland Resources Council (QRC) said today.

QRC Chief Executive Ian Macfarlane said the Commodity Demand Outlook 2030 report released by the Minerals Council of Australia (MCA) forecasts increased demand for key Queensland commodities out to 2030.

'Our Asian Pacific neighbours are rapidly modernising their economies and they need Queensland’s commodities to build their futures,' Mr Macfarlane said.

'If Queensland was a country, we would be the world’s top exporter of metallurgical coal.

'We produced 88 percent of Australia’s metallurgical coal and supplied 52 percent of the world trade in 2020, which gives you some idea of the significance of a bright export outlook for the next decade.

'Queensland is also a mineral powerhouse for Australia, accounting for 65 percent of silver produced, 60 percent of lead, 56 percent of zinc and a quarter of the copper produced in 2020.”

The report, commissioned by the MCA and released during Minerals Week, forecasts by 2030:

• Metallurgical coal: Seaborne metallurgical coal to make new steel will rise steadily by 24%;
• Thermal coal: Demand for imported coal in our region will increase 23.5%;
• Zinc: World zinc consumption to grow by 12%;
• Copper: Global consumption of copper has doubled every 25-30 years and this demand will accelerate with the electrification of the global economy;
• Aluminium: Primary aluminium demand to rise sharply by 45.5% from 65.1 Mt in 2019 to 94.7 Mt;
• Rare earth elements: Global demand has already grown by 327% since 2010 as these 15 elements become used more widely in modern electronics.

Mr Macfarlane said the report will give Queensland resources companies and communities a well-needed boost of confidence in their future.

'The bottom line is our resources sector has a bright future because it's underpinned by growing global demand for our commodities,' he said.

“Queenslanders know that when the outlook for resources is bright, our resource regions also flourish.”

“The report forecast a decade of growth for resource hubs like Townsville, Mackay, Mount Isa, Moranbah, Toowoomba, Gladstone and just about everywhere in between.”

'As an industry, we are also absolutely committed to lowering emissions and adopting a range of other important measures to meet the challenges of climate change, so that transition is all part of what we can offer the community.

'Resources companies produce the raw materials and building blocks used to manufacture most of the items we need in our everyday lives in terms of energy, transport, electronics and so on. Our priority is to keep evolving, researching, developing and implementing the technology needed to manage our environment responsibly, safely and sustainably.'

Source: QRC

                     

01.06.2021 (478 Clicks)

Exploration Results in Queensland continue to defy Pandemic

Exploration expenditure in Queensland has risen by 24 percent over the past 12 months to reach $708 million since March 2020, the Queensland Resources Council (QRC) said today.

01.06.2021 (474 Clicks)

Endomines announces Change of Interim CEO

Endomines announces that Interim CEO Rauno Pitkänen has informed the Board of the Company that he will be retiring and resigning his position as of May 31, 2021. Deputy CEO Marcus Ahlström will take on the interim CEO position for now until the question of permanent CEO has been resolved.

31.05.2021 (437 Clicks)

Normet expands their Equipment Offering with an agile and compact Variomec XS multipurpose Platform

Normet has expanded its wide equipment offering by launching an agile and compact Variomec XS product family to the market. Normet XS carrier is developed to provide safe, purpose-build and agile platform for several different transportation applications needed in demanding mining operations.

31.05.2021 (475 Clicks)

SSAB: New Framework to finance sustainable Transition

SSAB has completed a framework that will provide an opportunity to issue sustainability-linked bonds. The framework complies with Sustainability-Linked Bond Principles and will strengthen SSAB’s position on the capital markets.

31.05.2021 (494 Clicks)

Håkan Folin, Executive Vice President and CFO at SSAB, to get Executive Vice President and CFO at Epiroc

Håkan Folin, Executive Vice President and CFO at SSAB, has decided to leave SSAB to take up the position of Executive Vice President and CFO at Epiroc.