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Queensland - Overview
• Population – 4.56 million
• Land – 1.734 million square kilometres (just over 3x size of
France!)
• GSP – $A258 billion
• Capital City – Brisbane (population, 2 million)
• Coastline – 6,973 kilometres
• Currency – Australian Dollar $A1 ~ Euro 0.8167 (@Feb 20
2012)
• Time Zone – GMT+10:00
Queensland Mining
• $23.7 billion or 10.3% of Gross State Product in 2009-10
• 64,500 direct full-time jobs (August 2011)
• $31.6 billion or two thirds of Queensland’s exports in 2009-10
• $2.6 billion in royalties in 2010-11 (estimated)
• $8.18 billion or 30% of private capital investment in 2009-10
Queensland Minerals• Over A$5.72B production in 2009-10
• Over 100 significant operating mines
• 32 different minerals
• 80% of value of State’s minerals produced from the North West Queensland Mineral Province
• Greenfields potential
World ContextMetallic Mineral Production - 2010
18,591,000 tonnes27.1%
Australian8.8% Global
Lead
Zinc
Bauxite
474,000 tonnes66.7%
Australian11.6% Global
994,000 tonnes67.2%
Australian8.3% Global
Queensland
Rest of Australia
Source: ABARE/BRS and USGS
Silver
1601 tonnes 85.2%
Australian7.2% Global
280,000 tonnes32.2%
Australian1.7% Global
Copper
2nd in the World
3rd in the World4th in the World
4th in the World 11th in the World
Queensland Coal Systems
Current Queensland Exploration and Development Activity
135
53
89
23
61
159
265334
0
50
100
150
200
250
300
350
400
450
500
Grass Roots Exploration AdvancedExploration
FeasibilityStudy
Coal
Minerals
No. of Projects
(81 companies)
(202 companies)
* Source: Interria – July 2011
Queensland Coal InfrastructureExpansions at the Port of Abbot Point: T2-T9 & Multi Cargo
Facility
• T1 Abbot Point Coal Terminal 50Mtpa completed September 2011
• T2 BHP Billiton 30Mtpa (2017), up to 60Mtpa
• T3 Hancock 30Mtpa (June 2014), up to 60Mtpa (2018)
• T4-T9: 6 x 30Mtpa stockpiles (first coal from 2017)- Anglo American- Macmines- North Queensland Coal Terminal consortium- Rio Tinto- Vale- Waratah Coal
• Multi Cargo Facility: 12 berths
Total by 2020 = 350 million tonnes per annum
Queensland in the world LNG market• Worldwide, LNG is growing rapidly
– 15 countries have existing LNG projects – many are expanding• Currently, Australia has over $200 billion worth of LNG projects
proposed, with $50 billion (3 projects) committed for Queensland 12 projects under construction worldwide
– $A160 billion capex– 76 mtpa of additional production
The Australian significance – 8/12 projects (3 QLD) – Responsible for 70% of additional global capacity (42% WA, 28%
QLD)– $142 billion capex – Largest ever resource projects constructed in QLD/WA & Australian
history – Potential to become Australia’s largest export industry – estimated
to be over $17 billion in export revenue from QLD from 2016
Queensland’s Supply Chain Capabilities Queensland companies operate across the total mining supply chain with global
recognition in areas including: Exploration and drilling Logistics, planning and delivery Geological and engineering services Mining consultancy Mining equipment for open cut and underground applications Health and Safety Mining support including financial, HR and asset management services, including significant
ICT capability R&D
A truly global footprint We look forward to strengthening our ties with Turkish companies
Reasons to work with Queensland Australian & Queensland Governments welcome foreign
investment World-class mineral and coal resources Proven production and further exploration potential Attractive investment opportunities Good and growing infrastructure Stable government and transparent legislation and policies Highly skilled and productive companies across the value chain Strategic Asia-Pacific location
Ken SmithTrade Commissioner - Europe
Trade and Investment Queensland
T: +44 (0)207 420 8761E: [email protected]
Contact
Phil TaylorBusiness Development Manager
Trade and Investment Queensland
T: +44 (0)207 420 8777E: [email protected]: www.investqueensland.com.au
