MARKETS

Queensland touts investment lead

QUEENSLAND is leading its east coast cousins Victoria and New South Wales and Victoria in the lat...

Noel Dyson

This is thanks in part to the value of Anglo Coal’s Grosvenor coking coal project rising from $1.68 billion to $1.95 billion and several projects, including the $500 million Surat to Gladstone pipeline, moving to the under construction phase.

Those helped increase the total value of listed projects in the state.

Queensland Treasurer Curtis Pitt said the DAE Investment Monitor for the June quarter reflected the March quarter report where the value of current and planned major projects in Queensland outstripped those in NSW and Victoria.

“It outlines almost $183.5 billion in planned or committed public and private sector projects in our state – ahead of NSW with $129.5 billion and $78 billion in Victoria,” he said.

However, it the west where the investment sun really shines.

“WA has stayed at the head of all states and territories since the previous quarterly report,” Pitt said.

He said the value of Queensland projects in the report had risen $15.5 billion since the March report.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions