A major contract extension worth $900 million is set to drive continued investment, employment, and operational stability in Queensland’s Bowen Basin mining sector.
A key coal operation in Queensland’s Bowen Basin has secured a major contract extension, paving the way for increased production and new subcontracting opportunities.
While much attention is given to Victoria’s rapid transition to renewable energy, a major coal mine will continue operations until at least 2048, and the company behind it has just awarded a major contract.
This EQ Resources tungsten redevelopment initiative plays a vital role in advancing Queensland’s critical minerals strategy while fostering local economic and technological growth.
An awarded mining contract positions the development as a cornerstone for coal production in the Bowen Basin with substantial business opportunities to come, reports Projectory.
A hard coking coal project in Limpopo South Africa is progressing towards full-scale production is gaining momentum as the company approaches the final stages of securing the necessary $46 million CAPEX.
