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Queensland coal mining industry set to boom - infographic

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A report, authored by the International Energy Agency, suggests that India, currently behind China in terms of coal production, will be the largest importer of coal on the planet by the year 2020.

Read more: http://www.resolute-equipment.com/news/84-queensland-coal-mining-industry-set-to-boom

Published in: Environment
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Queensland coal mining industry set to boom - infographic

  1. 1. Resolute Equipment brings you the latest news from the coal mining industry, while also supplying a wide range of heavy earth moving machinery and equipment and mining machinery parts – from all the biggest brands - to a multitude of clients in the construction and mining industries. Resolute Equipment June 2016 1300 308 840 | info@resolute-equipment.com www.resolute-equipment.com 45%Rise in coking coal exports 22%of the state’s population is against coal mining 42%support the coal mining industry Exports set to increase over one-third over the next four years. GOOD TIMES AHEAD FOR QUEENSLAND’S COAL MINERS? EASE INDUSTRY FEARS QUEENSLAND COAL MINING INDUSTRY SET TO BOOM Queensland, which exportsaround 20% of all coal tradedglobally is in a particularlyadvantageous position. A report, authored by the International Energy Agency, suggests that India, currently behind China in terms of coal production, will be the largest importer of coal on the planet by the year 2020 “The sector already contributes $64.8 BILLION to the state’s economy, or one in $5 and one in six jobs, these forecasts from the world’s most reputable agency mean that we are set to benefit from our natural resources well into the future.” The news will come as a relief to those who work in coal mining in Queensland, after experts warned that the Chinese economic downturn might negatively affect prices. Whatever happens in Asia this year, it looks as if the coal industry in Queensland is still alive and well, which can only be good news for our earth moving equipment sales team. Michael Roche, Chief Executive Resources Council

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