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Qld coal positioned for an inevitable revival: Roche

QUEENSLAND Resources Council chief executive Michael Roche says the trading environment for the c...

Staff Reporter
Qld coal positioned for an inevitable revival: Roche

“The latest export data suggests that they are responding skilfully to global market realities by reducing costs and increasing volumes to reinforce Queensland’s position as a supplier of choice to Asia,” Roche said at an event in Rockhampton this week.

Industry analysts report Queensland coal exports rose again last month, with metallurgical export terminals accounting for a large slice of a 34% increase in exports compared with August 2012.

“The Queensland coal industry is positioning itself for the inevitable revival of coal demand, driven by China and India,” Roche continued.

“The economic aspirations and development of these countries has been delayed – not abandoned.

“However, we must never lose sight of the fact that no one is obliged to beat a path to Queensland’s door for minerals and energy commodities.”

Roche said that part of his reason for visiting Rockhampton was to discuss Fitzroy River water quality and its impact on the Great Barrier Reef lagoon.

“While managed water discharges from coal mines to the Fitzroy River system last wet season made up less than 0.3% of the total flow, I am determined to see the positive relationships from the Fitzroy Partnership for River Health process develop and prosper.

“We all have an interest in preserving the Great Barrier Reef and working together we have a far better chance of ensuring its successful co-existence with our three great export industries – resources, agriculture and tourism,” Roche said.

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