The Queensland Resources Council (QRC) has welcomed the release of the Morrison Government's Resources Technology and Critical Minerals Processing road.
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Resource exploration spending in Queensland increased by almost AUS$130 million or 23% in 2020, according to new data released by the Australia Bureau of Statistics.
Queensland Resources Council (QRC) Chief Executive, Ian Macfarlane, said increased expenditure in coal, metals and gas exploration was a strong signal in the long-term confidence of the resources sector, particularly in the wake of the devastating impact COVID-19 has had on sections of the economy.
“These latest exploration expenditure figures tell a very positive story about the new investment and new jobs that are going to help Queensland work and earn its way through COVID,” Macfarlane said.
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