The Sunshine State’s commodity boom is expected to lose momentum and values are tipped to decrease. Queensland coal spot prices will decline by the end the 2024 financial year (FY24) and return...
Tag - Royalties
Limiting fossil fuels caused a sharp decline in market value, official data found. The Anthony Albanese government’s $125 a tonne price cap significantly impacted on coal prices. The...
Fossil fuel production will jump in Queensland’s Isaac and Darling Downs regions. Bowen Coking Coal (BCB) recently confirmed it reopened the newly acquired Burton Coal Mine, 165km southwest of...
A mining multinational will prioritise overseas fossil fuel projects over new Australian developments. Glencore recently shifted its focus away from new domestic coal developments towards more...
A resources multinational will exit two coal operations in Queensland’s Central Highlands and Isaac regions. BHP recently confirmed it would sell its Blackwater Coal Mine (226km west of...
Two major mineral producers began pulling out investments in fossil fuel operations. Glencore Australia recently abandoned its environmental application for the new $1.5 billion Valeria Coal Project...
A multinational mineral producer will postpone plans for a new coal development in Queensland’s Central Highlands region because of extreme levies. BHP recently delayed constructing its new $1...
Another multinational mineral producer came forward about the cost of extreme coal levies. Coronado Global Resources recently predicted it could pay an extra $144.71 million annually due the...
A national monetary, fiscal and market regulator predicts the value of Australian coal will sharply decline before the end of 2022. The Department of Treasury expects metallurgical and thermal coal...
Mining companies should forgo some their profits to help cover the cost of recovering from bushfires that continue to devastate Queensland, an elected representative has said. Greens State MP Michael...
