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As at June 2023, coal companies in Australia were making windfall profits due to the Russian invasion of Ukraine. [42] However, international sanctions against Russia and the energy transition in Europe are also forcing Russia to direct its coal exports eastward, creating more competition with Australian exports in the long term.
Mine Name Company Mine Type Basin Operations began Production (Mt/a) Use Coal type Jeebropilly Mine: New Hope Group [2]: Open-cut: Clarence-Moreton: 1982
The mine was the first to export a shipment of Queensland's coking coal to Japan. [2] It was also the first mine to introduce draglines into its operation in 1963. [3] The coal is exported by Gladstone to the Barney Point and R G Tanna coal terminals. [1] Dawson coal mine has implemented an extensive rehabilitation program. [4]
Most of the gas produced in Queensland now comes from coal seams. [13] According to 2005 figures, Queensland has 98% of Australia's proven and probable reserves of coal seam gas. [ 26 ] In the 2009/10 financial year investment in the coal seam gas industry increased 43% compared to the previous financial year.
Once operational it will be the third largest coal mine in Queensland, producing up to 15 million tonnes a year. [1] It has reserves of 514 million tonnes. [5] In September 2020 the Queensland Government granted formal approval. [3] Construction of the mine had begun by April 2022. [6] [7] Productions commenced in June 2023. Construction ...
Peak Downs Mine is a large open cut coking coal mine in Queensland located 31 km SSE of Moranbah. [1] Peak Downs is one of seven mines in Bowen Basin owned by BHP Mitsubishi Alliance, Australia's largest coal miner and exporter. Production at Peak Downs started in 1972. By 2022 it was producing 37 million tonnes of coal per year. [2]
The declining cost of renewable energy sources, such as solar power, wind power and battery storage, means it is unlikely a new coal-fired power station will ever be built in Australia. [2] The Liddell Power Station is the latest major coal-fired power station to be decommissioned, which took place on 28 April 2023. [3]
The Carmichael coal mine is a coal mine in Queensland, Australia, owned by the Adani Group's Australian subsidiary Bravus Mining & Resources. It was approved by the government in 2014 and has been operational since December 2021.