Premier predicts coal boom to continue

Queensland Premier Anna Bligh has opened the $780 million expansion to Gladstone's R G Tanna Terminal, and expects the State’s coal exports could almost double by 2030.

QUEENSLAND Premier Anna Bligh has opened the $780 million expansion to Gladstone’s R G Tanna Terminal, and expects the State’s coal exports could almost double by 2030.

“Growth has been impressive, rising from 200,000 tonnes in 1960 to now where export capacity is about 200 mtpa,” Bligh said at the opening.

“This milestone is expected to be hit in the next 18 months and there are forecasts it will hit 370 mtpa in 20 years,” she said.

The official opening marked the Tanna Terminal’s Expansion of 30 mtpa from 40 to 70 mtpa.

The expansion comprises a third rail receival station and shiploader, a fourth berth, and fifth stockpile.

The expansion also includes an increase in the productivity of out-loading belts from 4000 tph to 6000 tph.

The Premier said that the future for the State’s coal exports looked bright.

“There is a $15 billion Coal Infrastructure Plan to cope with increased demand. There are 28 advanced coal projects in Central Queensland alone, with 17 new mines and 11 expansions under active consideration,” she said.

“In the next five years the potential capital investment in Central Queensland coal projects is of the order of $11.5 billion, with a further $9 billion on coal transport infrastructure.”

Bligh said Gladstone Ports Corporation (GPC) would continue to play a lead role, with expansions at GPC’s Wiggins Island potentially leading to 25 mtpa by 2012 and then ultimately 84 mtpa.

“Also investigations have started into GPC’s Port Alma, near Rockhampton, possibly exporting coal up to 30 mtpa,” she said.

Key contact:

Premier’s Department

07 3224 4500

www.dme.qld.gov.au

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