The Queensland Resources Council (QRC) has slammed the Australian Greens for its “uninformed broadsides” on the State’s resources industry.
QRC chief executive Michael Roche said claims by Greens leader Senator Bob Brown that coal companies did not pay for export rail and port facilities, showed how out of depth his party was in understanding the mining industry.
“Queensland’s coal exporters pay for every railway line and port facility built on their behalf by government-owned and private sector infrastructure providers,” he said.
“Take or pay contracts along with a guaranteed rate of return are bottom line conditions for any infrastructure investments by state government service providers.
“The coal industry takes all the risks and taxpayers are rewarded through state corporation dividends paid to the Queensland Government in addition to royalties, which this year are forecast to be in excess of $3 billion.”