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QRC welcomes milestone for Glencore mine

Published by , Editorial Assistant
Global Mining Review,

The Queensland Resources Council has welcomed the Palaszczuk Government’s designation of the proposed US$1.5 billion Glencore Valeria coal mine in central Queensland as a coordinated project.

QRC Chief Executive Ian Macfarlane said the Valeria coal project, near Capella on the Central Highlands, offers 1400 construction jobs and 950 ongoing jobs once operational.

“Queensland needs these jobs more than ever,” Macfarlane said. “The announcement today means the Valeria project will start the comprehensive assessment process as a coordinated project through the Office of the Coordinator-General.”

“It is projects like these that create thousands of jobs and billions of dollars in investment, exports and royalties.”

Last financial year, the resources sector supported 372 000 jobs and generated US$74 billion in economic activity, US$61 billion in exports and more than US$5 billion in royalties that the Queensland Government could reinvest on behalf of all Queenslanders in services and infrastructure.

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