INTERNATIONAL COAL NEWS

Queensland's coal infrastructure gets a boost

NEW reforms introduced to Queensland's Parliament yesterday will cut timelines for the constructi...

Christine Feary

This article is 17 years old. Images might not display.

Treasurer Andrew Fraser said amendments to the Queensland Competition Authority Act would make the efficient delivery of necessary infrastructure a top priority.

He said the reforms were particularly important for Queensland's major coal export facilities and coal rail transport infrastructure.

"Our current forecast for 2007-08 coal exports of 173 million tonnes is expected to increase by 19 percent to 206 million tonnes by 2010, " he said.

"By reforming the competition regulatory framework - a decision-making process which can typically take between 12 and 18 months - we are removing the practices that could have been seen as a hindrance to getting infrastructure approved and built.

"That's critically important in a growing state like Queensland where we need to be able to respond to the export market in a timely way and ensure our regulatory framework supports and encourages investment in essential infrastructure."

The reforms include introduction of a price monitoring mechanism to allow the Queensland Competition Authority to report on prices of significant infrastructure from both the public and private sector.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions