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The Queensland Resources Council (QRC) has congratulated Senex Energy on signing a new gas supply agreement for up to 11 petajoules (PJ) of natural gas from the company’s Atlas operation in the state’s Surat Basin to supply Adbri’s South Australian manufacturing operations to 2030.
Queensland resources companies have been asked to put their hands up to help roll out COVID-19 vaccinations in regional communities once vaccine supplies increase in the coming weeks and months. The Queensland Resources Council (QRC) is working with the Queensland and Australian governments, Minerals Council of Australia (MCA) and APPEA to determine how members can help with transport, logistics, facilities and medical staff to fast-track a regional vaccination program. QRC Chief Executive Ian Macfarlane has sent a survey to all members to gauge what level of support the Queensland resources sector can provide over the coming months.
The number of Queensland resources company CEOs investing in low emission technology (LET) research and development has almost doubled over the past two years. The Queensland Resources Council’s (QRC) latest State of the Sector report shows more than 70 percent of CEOs are now investing in LET research compared to 40 percent in 2019.
The Queensland Resources Council (QRC) has welcomed the Northern Australia Infrastructure Facility’s (NAIF) decision to invest in a new metallurgical coal mine near Moranbah in Central Queensland. The Pembroke Resources-owned Olive Downs Steelmaking Coal Complex (Olive Downs) in the Bowen Basin will receive a $175 million NAIF loan to kickstart construction of a ‘21st century mine built to 21st century standards’.
Australian resources and energy exports have hit a record high of $310 billion in 2020-21 – almost a third of a trillion dollars – according to the latest Resources and Energy Quarterly (REQ) update. Resource export earnings are estimated to be almost seven percent higher than the record set last financial year, with earnings expected to rise even further to $334 billion in 2021–22.
A growing number of small to medium-sized businesses that service the resources sector are having significant problems securing finance and insurance because of recent climate change-related policy changes by banks and insurers, the Queensland Resources Council (QRC) said today. QRC Chief Executive Ian Macfarlane said Queensland businesses which support the state’s $82.6 billion resources sector, particularly the all-important Mining, Engineering and Technology Services (METS) sector, are being disadvantaged.
The Queensland Resources Council (QRC) has welcomed Australian Bureau of Statistics (ABS) employment figures for the May 2021 quarter which show direct mining jobs in Queensland have hit a record high of almost 85,000.
The Queensland Resources Council has welcomed the State Government’s announcement it will fund a $5 million study into the economic and environmental feasibility of building a gas pipeline in the Bowen Basin. Resources Minister Scott Stewart today announced today a six-month concept study, with recommendations due by the end of the year. Last year, the QRC and AMEC’s election platform asked the State Government to revisit the feasibility of gas pipelines and associated infrastructure
Queensland’s resources sector is on the hunt for at least 50 Gen Z students to register their interest in studying mining engineering as part of a campaign to address a chronic skills shortage. The Queensland Resources Council (QRC) has launched a statewide digital campaign to encourage young Queenslanders in high school or first-year university to choose mining engineering as a career.
The Queensland Government is reaping the benefits of its health-driven response to COVID-19 and being able to rely on the state’s $82.6 billion resources sector to underpin the state economy. QRC praises the government’s willingness to work with the resources sector to establish industry-specific COVID-19 protocols, which had set Queensland up to survive the pandemic and thrive beyond it.
The latest SEEK employment data confirms there are jobs aplenty in Queensland, particularly in the mining, resources and energy sector. As of today, there are 1129 jobs advertised in the areas of mining, resources and energy, with 821 paying more than $100,000 per year. In May, total job advertisements across all industries in Queensland were up more than 160 per cent on May 2020.
Queensland is entering a golden new era of minerals processing and Townsville is right at the heart of the action, Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said today.
A national commodity outlook released today confirms what most Queenslanders already know – they can count on resources to help the state recover from COVID-19 and thrive well into the future, the Queensland Resources Council (QRC) said today.
Queensland’s resources sector will tonight celebrate being the state’s leading private sector employer of Indigenous people at a gala event in Brisbane. Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said it was fitting to hold the council’s Indigenous Awards Celebration during National Reconciliation Week when resources companies have such good news to share.
xploration expenditure in Queensland has risen by 24 percent over the past 12 months to reach $708 million since March 2020, the Queensland Resources Council (QRC) said today.
The peak body for the resources sector in Queensland has welcomed the opening of submissions to the Queensland Resources Industry Development Plan (QRIDP) by the Queensland Government. “The Queensland Resources Council (QRC) has been pleased to work closely with the Palaszczuk Government from the outset to develop the plan,” said QRC Chief Executive Ian Macfarlane.
The Queensland Resources Council (QRC) has welcomed the Federal Government’s technology-driven approach to reducing emissions announced in last night’s budget, saying it will drive new investment into this crucial area for resources.