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In 2020, exports of coal accounted for 1% of national revenue, with a total value of A$55 billion. [33] Australia is the world's leading exporter of coking coal. In 2021-2022, about 55% of its coal exports were thermal coal, with the remainder being metallurgical coal. The primary destinations for its coal exports are Asian countries, notably ...
The company was the "jersey sleeve" sponsor of the North Queensland Cowboys NRL rugby league team for the 2021 season. [14] On 29 December 2021, the first coal shipment from the Carmichael Mine was ready for export. [15] [16]
Queensland's energy policy is based on the year 2000 document called the Queensland Energy Policy: A Cleaner Energy Strategy. [1] The Queensland Government assists energy development through the Department of Energy and Water Supply. The state is noted for its significant contribution to coal mining in Australia.
As of 2022 there were 86 coal mines in Queensland. [1] Mine Name Company Mine Type Basin ... 2021: 10: Export: Thermal Collinsville: Glencore [14] Open-cut: Bowen ...
In early 2017, 75% of the coal-fired power stations in the country were operating beyond their original design life. [1] 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]
Meandu Mine is a coal mine west of Yarraman in Neumgna, Queensland, Australia. The open-cut mine supplies coal to Tarong Power Station and Tarong North Power Station. It is owned by Stanwell Corporation and operated by Downer Mining. Work first started on the mine in 1978. [1] The mine has five active working pits.
Depending on the cost of coal at the power station, the long-run marginal cost of coal-based electricity at power stations in eastern Australia is between 7 and 8 cents per kWh, which is around $79 per MWh. Australia had a fixed carbon price of A$23 ($23.78) a tonne on the top 500 polluters from July 2012 to July 2014. [14] [15]
The New Acland Mine is located adjacent to Acland township, about 10 km north of Oakey on the Darling Downs in Queensland, Australia. Geologically it is part of the Walloon Coal Measures and contains more than 500 million tonnes of coal that is removed by the open cut method. The mine is owned and operated by New Hope Group.