The peak representative body for Queensland’s minerals and energy sector has congratulated Adani Mining Australia on earning state approval for its North Galilee Basin Rail project. Queensland Resources Council chief executive Michael Roche says the project will provide vital jobs and confirm the long-term contribution of the coal industry to the state and the nation.
“The approval of the new 300km rail project is a boon for Queensland and for the developers, Adani Mining and their partners, Korean industrial giant POSCO. This is another important step in opening up one of the state’s great energy provinces, and for Adani, another milestone for its $16.5 billion Carmichael mine, rail and port project.”
Michael Roche says the North Galilee Basin Rail project alone could provide up to 2400 new jobs, connecting the Carmichael Mine, northwest of Clermont to the Port of Abbot Point, north of Bowen.
“Regional communities including Alpha, Clermont, Emerald, Bowen, Moranbah, Mackay, Rockhampton and Townsville are all expected to benefit from development of the so-far untapped resources in the Galilee Basin.
“Coal provides more than 40% of the world’s electricity and is predicted to soon overtake oil as the largest source of primary energy. Despite baseless claims from the anti-coal brigade, the demand for thermal coal is forecast to rise substantially over coming decades with Asia alone requiring an extra 46 million tonnes per annum.
“At its peak, the Carmichael Mine is expected to annually produce 60 million tonnes – less than one and a half year’s forecast demand growth.
“We have seen activist groups try every trick in the book to disrupt and delay Galilee Basin projects, which not only delays the supply of electricity to the developing world but also economic benefits to Queensland, and regional communities in particular.
“Regional communities are anxious for good economic news, an injection of confidence and most importantly, new job creation,” Michael Roche adds. www.qrc.org.au