Resources – your investment opportunity
With high-quality resources, reliable supply, sustainable mining practices, and the latest in supporting technology, Queensland is at the forefront of global resource supply.
- Queensland is recognised globally as a leading destination for mining and resources investment and as Australia’s gateway to Asian markets.
- Queensland’s diverse geology and resource potential place it second in the world for seaborne coal exports, second for lead production, third for zinc and bauxite production, and fifth in the world for silver production.
- By the end of this decade, Queensland is projected to be the world’s leading liquefied natural gas (LNG) producer.
Abundance natural resources
Queensland’s abundant natural resources include more than major coal deposits, as well as metals, phosphate rock, oil shale and minerals.
We are the world’s second-largest exporter of seaborne metallurgical coal, with a long history of supplying metallurgical and thermal coal and coal seam gas to global markets.
In addition, Queensland has a world-leading mining equipment, technology and services (METS) sector. It employs 26,000 people across Queensland, with $7 billion revenue and $2.5 billion in value add for our economy. We want to take our world-class METS expertise to new markets – locally and internationally.
Queensland minerals provinces present resource companies and investors with a new mining frontier brimming with unrivaled opportunities. Queensland mineral producing regions are perfectly placed to meet the demand for the essential and valuable minerals used in the manufacture of the emerging and advanced technologies the world is demanding.
The Queensland’s New Economy Minerals Investment Prospectus has the information to encourage new exploration and investment into the sector.
Mining equipment, technology and services (METS)
Mining and resource extraction have been part of Queensland’s economy for almost as long as this state has existed. Our long history in mining has given rise to another world-class Queensland export industry: our mining equipment, technology and services (METS) sector.
Launched in 2017, the Queensland Mining, Equipment, Technology and Services 10-Year Roadmap and Action Plan is about accelerating the sector’s growth. We’re focused on collaboration and opportunities to bring innovative ideas to market, with $7 million worth of initiatives. Many of these are delivered in partnership with METS Ignited, the Australian Government’s Industry Growth Centre for METS, which works to improve METS competitiveness and productivity.
Environmentally sustainable practices
With a proven history of using sustainable and innovative exploration and mining practices, supported by high-quality mining equipment, technology and services, Queensland is a mining and resources investment proposition of choice.
Quick glance at the Queensland resources sector
A$21 billion invested or committed to resources projects since 2015.
25% of the global liquefied natural gas supply comes from Central Queensland.
A$27.13 million strategy to boost exploration and support development projects.
Over 10 research and commercialisation institutes.
Case study: Elexon Mining
Using world-first technology to track ore flow and recovery in cave mines, Elexon Mining provides geotechnical monitoring systems for open pit and underground mines. Its advanced cave monitoring systems and wireless in-ground monitoring help increase safety and efficiency – allowing mining operators to make informed decisions about mine productivity.
Photo source: https://elexonmining.com/