It is a new year and we are on the verge of another exciting mining boom in 2018.
The Central Queensland economy is set to be boosted by over $330 million during the construction phases of the Byerwen, Styx and Taroborah coal mining projects.
These projects are signally a revival of Australia’s resources sector and in particular the Bowen Basin.
During 2016-17 mining production grew steadily at 2.5% according to ABS National Accounts data, however BIS Oxford Economics expects that to accelerate to 5.5% during 2017/18 and faster again by 2020.
Byerwen Coal Project
20 kilometres west of Glenden
Construction Phase 100 people
Operations Phase 300-500
Up to 10 million tonnes of hard coking coal per year.
Styx Coal Project
85 kilometres from Byfield
Construction Phase 200 people
Operations Phase 250 people
2 – 5 million tonnes of high grade thermal coal and/or semi-soft coking coal
Taroborah Coal Project
22 kilometres west of Emerald
Construction Phase 150 people
Operations Phase 350 people
5 million tonnes of coal per year
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