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

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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