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As of 2022 there were 86 coal mines in Queensland. [1] Mine Name Company Mine Type Basin ... 2023: 15: Export: Coking Blackwater: Whitehaven Coal [9] Open-cut: Bowen ...
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. [19] [20]
Mining in the area began in 1961 in what was known as the Moura Mine. 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]
As of 1 December 2023, the Mining and Energy Division no longer exists. It consisted of a number of unions which had amalgamated. The largest union to contribute to the formation of the division was the Australian Coal and Shale Employees' Federation (ACSEF) (often known as the Miners Federation) which had a continuous history dating back to 1915.
In 2019-20 Australia exported 390 Mt of coal (177 Mt metallurgical coal and 213 Mt thermal coal) and was the world's largest exporter of metallurgical coal and second largest exporter of thermal coal. [3] Despite only employing 50,000 mining jobs nationally, coal provides a rich revenue stream for governments. [4] Premier coal mine in Western ...
The economy of Queensland is the third largest economy within Australia. Queensland generated 19.5% of Australia's gross domestic product in the 2008-09 financial year. [5] The economy is primarily built upon mining, agriculture, tourism and financial services. Queensland's main exports are coal, metals, meat and sugar. [6]
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The Bowen Basin mine has coal reserves amounting to 1.48 billion tonnes of coking coal, one of the largest coal reserves in Asia and the world. The Ensham mine had an annual production capacity of 3.2 million tonnes of high-quality thermal coal in 2022. [1] In 2023, the mine was sold to Thungela Resources Limited. [2] It has approval to run ...