The natural resources sector continues to play a vital role in underpinning the Queensland economy with an estimated $55.7 billion contribution to the state’s economy.
Glencore has already restarted its Collinsville mine in Queensland and there are at least seven other coal operations set to resume production before year-end.
Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.