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QRC welcomes Submissions on Resources Industry Development Plan

The peak body for the resources sector in Queensland has welcomed the opening of submissions to the Queensland Resources Industry Development Plan (QRIDP) by the Queensland Government.

“The Queensland Resources Council (QRC) has been pleased to work closely with the Palaszczuk Government from the outset to develop the plan,” said QRC Chief Executive Ian Macfarlane.

“We congratulate Resources Minister Scott Stewart and his department on working with us to develop this important plan to ensure the resources sector and its communities remain strong and deliver jobs and prosperity for all Queenslanders,” he said.

Despite the COVID-19 pandemic, the resources industry has continued to ensure Queensland’s economic prosperity through its $82.6 billion contribution in the last year.

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Queensland Resources Sector a Hydrogen and Jobs Hot Spot

The Queensland Resources Council’s (QRC) latest State of the Sector report highlights the continuing adaptability and resilience of the state’s $82.6 billion resources industry, in spite of the impact of the global pandemic, Chief Executive Ian Macfarlane said today.

Mr Macfarlane said a survey of QRC member company CEOs in February 2021 showed resources companies are actively looking at new technologies such as hydrogen to reduce emissions and grow their business in a sustainable way.

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QRC welcomes Santos Exploration Project and domestic Gas Boost

The Queensland Resources Council (QRC) has congratulated Santos on being awarded an Authority to Prospect (ATP) in the gas-rich Bowen and Surat Basins.

QRC Chief Executive Ian Macfarlane said Resources Minister Scott Stewart’s announcement that Santos had been granted a domestic gas ATP was a win for the gas industry and for industrial and household consumers.

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Milestone for Coal Mine Rehabilitation

The Queensland Resources Council (QRC) has joined the Resources Minister, Scott Stewart, in congratulating Glencore coal on its transformation of previous open-cut mining areas at Oaky Creek coal mine to native vegetation with the potential for grazing. 

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Queensland can count on Resources: QRC

The Queensland Resources Council (QRC) has launched an unprecedented four-week media campaign in the lead-up to the State Election to emphasise the economic and job creation importance of the mining and gas industry to the State’s COVID-19 recovery.

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Queensland resources strong going into COVID-19: survey

A survey of Queensland’s resources leaders taken before the impacts of COVID-19 started to unfold found the sector was in a good standing to create an economic buffer in 2020.

Queensland Resources Council Chief Executive Ian Macfarlane said the State of the Sector report gave hope to the Queensland economy with the sector in a strong position to maintain production and employment.

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QRC applauds APLNG domestic Gas Supply

The Queensland Resources Council (QRC) has welcomed the action by Australia Pacific LNG (APLNG) to supply 61 petajoules (PJ) of gas to the Australian domestic market which is the equivalent yearly demand of around 1.5 million households.

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Statement by QRC Chief Executive Ian Macfarlane on Kevin’s Corner decision

Yesterday the Land Court of Queensland recommended Minister Lynham grant the Mining Lease and the Environmental Authority be issued for the Kevin’s Corner coal mine in the Galilee Basin, subject to the original draft conditions.

The GVK backed mine would inject billions of dollars into regional Queensland with 1,800 construction jobs, 1,600 operational and thousands more through indirect employment for the life of the mine.

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Resources punching above their Weight

It comes as no surprise today that Queensland Treasurer Curtis Pitt has announced a $2.7 billion royalty write-down ahead of next week’s budget, despite record-level coal exports and a strong ramp in LNG exports.

While Queensland continues to set records in the volume of resource commodities we export, our commodity prices have remained stubbornly low. In retrospect, it is clear that the commodity price forecasts in last year’s budget and mid-year review were far too bullish.

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