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The Queensland Resources Council (QRC) has welcomed a $13.8 million five-year Queensland Government package to encourage new discoveries of critical minerals to attract more overseas investment, drive more international trade and create more local jobs and economic prosperity. QRC Chief Executive Ian Macfarlane, who is in Washington DC as part of a delegation led by Federal Resources Minister Matt Canavan to further develop the US-Australia trading partnership on critical minerals, said the package announced by Premier Annastacia Palaszczuk was based on consultation with the industry and would hit the right mark at the right time.
The Queensland Resources Council (QRC) is participating in high-level meetings in Washington DC and Mount Isa today to help drive Queensland’s critical minerals potential to attract more overseas investment, drive more international trade and create more local jobs and economic prosperity. QRC Chief Executive Ian Macfarlane is in Washington DC as part of a delegation led by Federal Resources Minister Matt Canavan’s Australian critical minerals delegation to further develop the US-Australia trading partnership on critical minerals, while QRC Director Andrew Barger will be attending the New Economy Minerals Summit with Premier Annastacia Palaszczuk and senior Ministers in Mount Isa.
The Queensland Resources Council (QRC) has welcomed the Australian Government’s announcement of new finance pathways for critical minerals projects, along with a special project facilitation office. QRC Chief Executive Ian Macfarlane will join Resources Minister Matt Canavan’s Australian critical minerals delegation to Washington next week to further develop the US-Australia trading partnership.
The Queensland Resources Council (QRC) has welcomed the announcement from the Morrison Government of a new Skills Organisation Pilot to focus on the mining industry. Prime Minister Scott Morrison made the announcement today at the QRC’s annual launch of the economic contribution data for the sector.
The Queensland resources sector is powering the state’s economy adding more than a billion dollars in value a week and now accounting for one in seven jobs, according to updated Queensland Resources Council (QRC) economic data. The resources sector now supports 372,561 direct and indirect jobs, and in 2018-19 it added $74.3 billion to the Queensland economy. The new figures were released today at QRC’s annual economic contribution launch, attended by Prime Minister Scott Morrison.
The Queensland Resources Council (QRC) has welcomed the State Government’s announcement today that an additional 30,000 square kilometres of land in the Surat, Bowen and Galilee basins would be released for gas exploration. QRC Chief Executive Ian Macfarlane said the Government’s release of land for exploration for all resources was essential to creating jobs, attracting investment, boosting exports and ultimately generating additional revenue for the Queensland Government in the form of royalties.
The Queensland Resources Council (QRC) welcomes new laws passed by the Palaszczuk Government to deter people from using dangerous devices that deliberately increase the risk of injury to themselves, emergency services workers and members of the public. QRC Chief Executive Ian Macfarlane said the Summary Offences and Other Legislation Amendment Bill 2019, passed last night in parliament, was the right step forward in ensuring the rights of all Queenslanders were upheld.
The Queensland Resources Council (QRC) has congratulated State Education Minister Grace Grace for her commitment of a $4.62 million investment to build a new manual arts block at Blackwater State High School. QRC Chief Executive Ian Macfarlane said he met with the Minister in August on the need for a new manual arts block at the school to support local students interested in a trade-based career, such as those in the resources sector.
Queensland Resources Council has welcomed a new round of funding from the QCoal Foundation for a student to study at James Cook University (JCU). QRC Deputy Chief Executive Judy Bertram said the $30,000 three-year scholarship, now in its fifth year, was targeted towards a high achieving Year 12 graduate based in a regional community.
Queensland resources sector continues to invest in new technologies to reduce emissions across the sector and is calling for an agnostic approach to the energy mix. Queensland Resources Council’s latest State of the Sector – a quarterly survey of resource CEOs in Queensland - found companies were already investing in a lower carbon world.
The Queensland Resources Council (QRC) has welcomed Premier Annastacia Palaszczuk’s announcement that laws dealing with dangerous protestors will be fast-tracked, and is calling on the State Parliament to consider both the Government and LNP Bills at the same time to provide the most comprehensive laws to protect Queenslanders.
The Queensland Resources Council welcomes first gas produced from Senex Energy's Project Atlas near Wandoan in the Surat Basin. QRC Chief Executive Ian Macfarlane said the achievement from Brisbane-based Senex was testament to the diversity of Queensland's gas industry and getting the State Government's policy settings to promote development of gas in Queensland for Queensland use.
Strong global demand for coal and LNG has lifted Queensland’s export numbers by 13.8 percent to $87.4 billion over the 12 months to August 2019 according to the latest trade data from the Australian Bureau of Statistics. Queensland Resources Council Chief Executive Ian Macfarlane said the strong result showed the ongoing importance of the resources sector to the State’s economy.
The Queensland Resources Council (QRC) has welcomed the ongoing progress on development of the Pembroke Resources Olive Downs coking coal mine, bringing up to 1000 jobs closer. QRC Chief Executive Ian Macfarlane said Pembroke Resources’ announcement that the project had received its Environmental Authority (EA) for the $1 billion Olive Downs project, near Moranbah, was good news for Central Queenslanders.
The Queensland Resources Council (QRC) welcomes the completion of the 60km pipeline that will connect Senex’s Project Atlas gas project (near Wandoan) to Queensland Gas Pipeline at Wallumbilla. QRC Chief Executive Ian Macfarlane said infrastructure company Jemena built the pipeline which was made possible after the Palaszczuk Government approved Project Atlas for domestic-only gas production in March 2018.
The Queensland Resources Council (QRC) says Queensland is missing out on a multi-billion dollar addition to our resources and energy industry which would also lower global emissions, because of bans on uranium mining. QRC Chief Executive Ian Macfarlane today told the House of Representatives inquiry into the prerequisites for nuclear energy in Australia that Queensland uranium could be mined sustainability and economically. The most recent valuation estimated Queensland’s uranium deposits to be worth about $10 billion.
The Queensland Resources Council (QRC) has welcomed the action by Australia Pacific LNG (APLNG) to supply 61 petajoules (PJ) of gas to the Australian domestic market which is the equivalent yearly demand of around 1.5 million households. “I applaud APLNG for helping to put downward pressure on energy prices by increasing supply into the domestic market through this new agreement with Origin Energy. It’s another sign of the Queensland gas industry leading the nation with a proactive approach to developing its gas reserves” Mr Macfarlane said.
The Queensland Resources Council welcomes the expansion of Glencore’s Indigenous Employment Pathways Program in central Queensland next year with the aim of providing skills and jobs for Indigenous Australians. QRC Chief Executive Ian Macfarlane said the resources sector had a resolute commitment to playing its part in creating economic opportunities for Indigenous Australians.