QLD Coal in Review: Energised
All images: New Hope Group. BY REUBEN ADAMS THE QLD coal sector is enjoying strong revenues, employment growth, and new investment. Now – as QLD Labor secures another term in office – it’s time to examine how red tape, drawn out development approvals, and political risk are having a real and tangible impact on greenfields and brownfields mine development. Coal has officially re-emerged from some of the most difficult industry conditions in years. Even taking into account the substantial impacts of Cyclone Debbie in April, strong prices have put a spring into the step of the QLD’s major producers. In FY17, New Hope Group’s revenue from its QLD and NSW operations jumped 59 per cent to $844.1 million. Whitehaven Coal…