Vitrinite s dream becomes reality with new coking coal mine approved in Central Qld
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Lack of skilled workers hits Qld s resources sector
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Cook Colliery Coking Coal kicks off again
The announcement that two icons of Queensland mining will join forces to reopen the mothballed Cook Colliery coking coal mine near Blackwater has been welcomed by the Queensland Resources Council (QRC).
QRC Chief Executive Ian Macfarlane said the news that Constellation Mining – a subsidiary of Queensland’s largest privately-owned coal company QCoal – has engaged Mackay-based contract miner Mastermyne to re-start production at Cook Colliery is a confidence boost for every Queenslander.
“When resources companies choose to invest millions of dollars into Queensland, this means more jobs, more royalties for the state budget and more money flowing through our economy,” he said.
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QRC welcomes State Govt approval of metallurgical coal mine extension in Central Qld
The Queensland Resources Council (QRC) today welcomed the State Government’s decision to approve an $82 million extension to the Isaac Plains metallurgical coal mine near Moranbah, calling it a huge vote of confidence in Queensland’s high quality coking coal industry.
QRC Chief Executive Ian Macfarlane said metallurgical coal prices were currently at record highs due to a surge in world steel production.
According to the latest Resources and Energy Quarterly report, the value of Australian metallurgical coal exports is forecast to reach almost $32 billion by 2022-23.