The latest Australian Bureau of Statistics trade figures have revealed that the value of Queensland exports has surged over the past year to yet another record high for the state.
Yancoal Australia has received approval from the Queensland Government for its planned expansion of the Cameby Downs thermal coal mine.
Pure-play coal producer Yancoal has cited the potential for growth at its Moolarben and Mount Thorley Warkworth coal complexes in New South Wales.
Robust coal exports in both New South Wales and Queensland prove market demand remains strong amid carbon emission concerns and decisions to abandon coal.
TerraCom has announced an upgrade in marketable reserves at the Blair Athol thermal coal mine in the Bowen Basin region of Queensland to 23.5 million tonnes.
Yancoal Australia has highlighted a continued energy industry demand for high efficiency thermal coal after posting record production and earnings for 2018.
Australia’s largest coal company Glencore has taken the decision to maintain its coal output at current levels “to meet the growing needs of a lower carbon economy”.
Australia’s resources exports delivered a record $248 billion in revenue in 2018, according to data from the Australian Bureau of Statistics (ABS).
Glencore Australia has overcome inclement weather and industrial action in the 2017 financial year to post a 7 per cent increase in annual coal production to 129.4 million tonnes for 2018.
Adani has revealed that 14,498 job applications were received for the Carmichael coal mine and rail project in Queensland by the end of December.
Adani has launched roadworks for access to the Carmichael coal project in Queensland despite delays securing a key environmental approval from the state government.
Black coal mining has been predicted by IBISWorld to be one of the Australian industries that will experience a decline in revenues this year as market conditions turn.
The QRC and CFMEU have joined forces to criticise an Australian Greens Party proposal to ban thermal coal mining in the Galilee Basin, Queensland.
Mach Energy has entered 2019 as Australia’s newest coal producer after reaching production at the Mount Pleasant project in the Hunter Valley, New South Wales in late December.
Adani has accelerated its search for employees to support the Carmichael mine and rail project in Queensland following the announcement that the development is now funded.
The Queensland resources sector is experiencing increased exploration spending, particularly in the coal sector, according to a report from the Queensland Exploration Council (QEC).
Adani Group’s move to self-fund development of the Carmichael mine and rail in Queensland is set to deliver on the company’s promise to create jobs and business opportunities in the state.
Rio Tinto chairman Simon Thompson and chief executive Jean-Sébastien Jacques have commented on the importance of tackling climate change issues.
An Institute for Energy Economics and Financial Analysis (IEEFA) report has taken a dim view of New South Wales’ thermal coal exports, believing they are on an irreversible downward trend.
Glencore has announced a restructure of the Hail Creek coal mine in the Bowen Basin, Queensland that will see 430 jobs at the operation slashed.