THE Queensland Resources Council (QRC) has welcomed the State Government’s announcement of rail infrastructure investment.
The investments are in line with recommendations made in the independent review of the Goonyella supply chain, according to the QRC.
The O’Donnell Review, jointly commissioned by the QRC and the Queensland Government, found that a shortage of rolling stock was largely responsible for the Goonyella supply chain’s capacity constraints.
“The Queensland Government’s $654 million commitment to boost the capacity of QR National’s coal freight business is an important move forward but not an instant fix for coal supply chain constraints,” QRC chief executive Michael Roche said.
“The announcement comes on top of a $2 billion underwriting by coal companies of rail and port expansions over the next three years,” Roche said.
QRC chief executive