The Queensland Resources Council (QRC) has welcomed a new four year export deal secured for Queensland bauxite with one of China’s largest integrated aluminium companies.
QRC Chief Executive Ian Macfarlane said the Queensland resources sector contributed AUS$55 billion – or 78% – of Queensland’s AUS$70 billion exports over the last 12 months, and deals like the one Metro Mining have secured with Xinfa further strengthens that contribution.
“We are seeing strong double digit growth in resource exports from Queensland. We have the coal, minerals and LNG that the world needs,” he said.
“Stable policy and continued access to resource will continue to underpin the sector’s contribution not only to Queensland exports, but the wider economy and employment.
“Importantly the Bauxite Hills mine, north of Weipa on Cape York, will support up to 200 jobs.”