Historically, the mining and resources sector has been one of the key foundations of North Queensland’s success for generations.
Our region is on the doorstep of one of the richest minerals provinces in the world with vast potential of reignited investment and expansion of operations across the Australian resources landscape. The development of Northern Australia for the Federal Government outlines a key role for this industry, which includes the Galilee Basin and the North West Minerals Province.
By opening up the Galilee Basin, a projected 16,000 additional jobs will be created through six new mines operating in the region, delivering ongoing opportunities for regional Queensland for decades. These jobs will be in addition to the 44,000 jobs Australia’s coal mining industry already supports. It’s not just about one company either, as well as Adani’s Carmichael Mine five other projects are currently in the pipeline in the Galilee Basin.
The people of North Queensland have been through significant pains and challenges over the past five years and we are slowly turning a corner with the growth of our local industries, most notably the coal mining sector. In the past 12 months, the coal mining industry has been the largest growth sector in North Queensland injecting $22.6 million into our economy and providing $7.71 million in wages to the local community.
Recognising the importance of the industry that has remained the backbone of our economy for decades, in 2017 Townsville Enterprise held the first North Queensland Mining and Resources Industry Forum in Townsville. Due to the overwhelming success of the forum, it was established as an annual event, recently returning for its second year this June.
The full day forum was well attended by a wide range of industry leaders and representatives from across North and North West Queensland, providing a one-stop source for all the latest industry news, subcontracting, supply chain, labour workforce and FIFO opportunities from major companies across Queensland and Australia.
The unique event provided project updates and opportunities directly from major mining and resources companies, including presentations and panel discussions from MMG Dugald River, Port of Townsville, Genex Power, Adani Renewables Australia, Queensland Resources Council, Capricorn Copper, Yurika Energy, Northern Australia Infrastructure Facility (NAIF) and more.
Townsville Enterprise CEO, Patricia O’Callaghan said the insight from 12 different organisations into their project pipelines, all in the one place, made the forum one not to miss.
“The North Queensland Mining and Resources Industry Forum presented an unrivalled opportunity for local small to medium sized businesses, suppliers and jobs seekers to have direct access to decision makers from some of the country’s largest mining and resources companies,” said Ms O’Callaghan.
“Attendees were able to network throughout the forum and build relationships with senior managers and executives from these mines, while hearing first-hand the latest opportunities from across the industry.
“The presentations covered all sectors of the industry, not just mining, also focusing upon renewables, innovation and infrastructure.”
The Townsville North Queensland region is proud to boast a multimillion dollar pipeline of projects that is driving renewed confidence and investment, with more than 10,000 jobs created in the past 12 months. It is important however to continue driving this momentum with projects that will ensure our region is an ideal place to live, work and invest. The future of Northern Australia’s mining and resources industry is critical to this realisation, and Townsville Enterprise will continue to advocate for this sector to ensure the progression and growth of our region.