QUEENSLAND coal exploration grew 61% in 2019-20 to $200 million despite price falls and the uncertainty created by the COVID-19 pandemic, according to the latest Queensland Exploration Council exploration scorecard.
This is the highest coal exploration spending in Queensland since 2014-15.
The thermal and metallurgical coal benchmark prices went down 30% from last year. Thermal coal is trading at the same price as 2014-15 and metallurgical coal has reached a three-year low. "This is the...
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