MinRes adds to global lithium production cuts amid downturn
The company will put its Bald Hill lithium mine in Western Australia under care and maintenance starting this week.
Queensland’s government announced that the state recorded the highest number of coal jobs ever reported by the Australian Bureau of Statistics in the September to November 2020 quarter.
In a media statement, Queensland Resources Council Chief Executive Ian Macfarlane said coal industry jobs rose by almost 40% during the quarter – increasing from 28,072 to 39,075 positions.
“December trade data also shows the value of Australian coal exports rose by 26% over the previous month, showing coal continues to be an important part of the global energy and industrial mix and will be for years to come,” Macfarlane said.
“In terms of Queensland, December was a very good month for coal tonnes, with state coal exports up 19% in November, increasing from 16 million tonnes to just over 19 million tonnes.”
The latest data also shows Queensland recorded the highest number of jobs in resources since 2013, increasing 18% y-o-y to reach 78,369 jobs.
“Our companies are also leading the way in exploring and investing in new economy minerals, technologies and renewable energy projects so we can continue to contribute to the state economy and to jobs in the long term,” Macfarlane said.
