Strong projections for key Queensland resource commodities was good news for the State’s economy, jobs, exports and royalty revenue, Queensland Resources Council Chief Executive Ian Macfarlane said.
Cimic Group’s global mining services provider, Thiess, has secured a A$172 million contract extension from Bayan Resources to expand operations at Melak in East Kalimantan, Indonesia.
Queensland’s exports have surged to a new record of $82.8 billion – the third record month in a row – on the back of another increase in the value of coal and minerals.
Queensland’s coal industry has yet again demonstrated its critical importance to the State’s economy delivering record exports over the year to December 2018, said the Queensland Resources Council (QRC). QRC Chief Executive Ian Macfarlane said new data from Queensland’s ports revealed total coal exports of 223 million tonnes (mt) surpassing the last record by 2 mt set in 2016.
Cimic Group’s mineral processing company, Sedgman, has been awarded a contract at the Byerwen Coal Mine in Central Queensland, continuing Cimic Group’s long standing relationship with QCoal Group.
Turquoise Hill Resources announced the signing of the Power Source Framework Agreement (PSFA) between Oyu Tolgoi and the Government of Mongolia (Government), which provides a binding framework and pathway forward for the construction of a Tavan Tolgoi-based power project, as well as establishes the basis for a long-term domestic power solution for the mine.
Cimic Group company UGL has secured a new multi-year contract for maintenance and shutdown support services across BHP Billiton Mitsubishi Alliance (BMA) coal mines in Queensland’s Bowen Basin. The demand-based contract will deliver revenue to UGL of approximately $180 million.
The record returns from the resources industry to the Queensland budget show the importance of continued exploration and investment in new projects to keep the budget in the black, the Queensland Resources Council (QRC) said.
Queensland’s coal exports have been the star performer for the state’s exports over the last two years, taking the title as Queensland’s most valuable export earner.
Cimic Group’s mineral processing company, Sedgman, has been awarded contracts with Mach Energy and QCoal to operate and maintain the Mount Pleasant and Byerwen coal handling and preparation plants (CHPP). The contracts have a combined value of $100 million.
New jobs have been created at Peabody Australia’s former Wilkie Creek coal mine as the site transitions from mining to new post-rehabilitation land uses, said the Queensland Resources Council (QRC).
The Queensland Resources Council (QRC) has congratulated Peabody Australia after its central Queensland Coppabella Mine celebrated 20 years of operations while supporting jobs and paying royalties to all Queenslanders.
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India’s growing appetite for coal arising from a burgeoning coal-fired power sector will drive demand for coal globally, albeit marginally, says leading data and analytics company GlobalData.
The Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s announcement of progress on the establishment of CleanCo, the planned new renewable energy electricity generator.
The Queensland Resources Council congratulates Scott Morrison on his elevation to the office of Prime Minister.
Cimic Group’s mineral processing company, Sedgman, has been awarded contracts by ASX listed Resource Generation’s subsidiary Ledjadja Coal for the design, engineering procurement, construction, as well as the ongoing operations and maintenance at the Boikarabelo Coal Handling and Preparation Plant (CHPP) in South Africa.
Queensland Resources Council Chief Executive Ian Macfarlane has welcomed action from the Federal Government to encourage new investment from Japan in advanced coal-fired power stations in Australia.
The Queensland Resources Council (QRC) welcomes the decision by Peabody to extend its North Goonyella metallurgical coal mine, near Moranbah. QRC Chief Executive Ian Macfarlane said the announcement was more good news for the State’s coal industry and the men and women it supports through full-time jobs.