Tag: Abbot Point

AUSTRALIA’S newest coking coal mine, the $1.76b Byerwen coalmine, officially opened on September 17. Currently operating at 3mtpa, it will ramp up to its nameplate capacity of 10mtpa coking coal after a significant site expansion. The open cut mine in the Northern Bowen Basin, about 20km west of Glenden, has employed about 1000 people during construction and the mine will have a permanent workforce of more than 500 people during operations. The mine comprises four mining areas with a total of 18 open-cut pits, two coal handling and preparation plants, two train loading facilities, including rail loop and spur lines, connected to the existing line to Abbot Point, and an augmented power supply. It is a JV between QCoal and…

By Rachel Dally-Watkins 21 May, 2015 THE resources industry is a mainstay of the Queensland economy, contributing $77.6 billion during 2013-2014 and accounting for one in five jobs in the state. The Queensland Resources Council (QRC), which represents explorers, miners, contractors, mineral processors, oil and gas producers and electricity generators with interests in the state, estimated that the resources industry supported 17,000 businesses during 2013-2014 with direct spending of $37.5 billion. It also contributed $2.5 billion in royalties, and employed 442,000 full time employees (directly and indirectly). “Queensland is the leading exporter of coking coal in the world; currently, both coking coal and thermal coal combined accounts for about 70 per cent of the value of resource production in Queensland,”…