Adani nod ‘common sense’: Yancoal boss

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 17-Jun-19

Yancoal Australia CEO Reinhold Schmidt has welcomed the decision by Queensland’s Department of Environment to approve Adani’s groundwater management plan for its proposed Carmichael coal mine. The decision was arguably accelerated by Labor’s poor showing in Queensland seats in the federal election, but Schmidt says the mining sector wants consistent and predictable rules, no matter which party is in government.

CORPORATES
YANCOAL AUSTRALIA LIMITED – ASX YAL, QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION, ADANI MINING PTY LTD

Job risk from $100bn mine rehab charge

Original article by Perry Williams
The Australian – Page: 17 & 20 : 12-Nov-18

Modelling by EY suggests that mining rehabilitation laws that have been proposed by Queensland’s Treasurer Jackie Trad could lead to the closure of 16 mines and have a $100 billion impact on the state’s mining sector. The Queensland division of the CFMMEU and the Queensland Resources Council have jointly called on the state government to split its proposed legislation and enter into further negotiations over disputed aspects of the bill.

CORPORATES
QUEENSLAND. TREASURY, ERNST AND YOUNG, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, QUEENSLAND RESOURCES COUNCIL LIMITED, BHP BILLITON LIMITED – ASX BHP, ANGLO AMERICAN AUSTRALIA LIMITED, PEABODY RESOURCES LIMITED, GLENCORE AUSTRALIA PTY LTD

Call for Adani to get on and build

Original article by Mark Ludlow, Jacob Greber
The Australian Financial Review – Page: 3 : 23-Feb-18

Queensland’s Deputy Premier Jackie Trad says it is time that Adani made a commitment to develop the $A16.5 billion Carmichael coal mine. Trad reiterated previous comments that the Carmichael project needs to be viable in its own right, a view echoed by federal Labor frontbencher Anthony Albanese. Trad’s comments followed the revelation that Adani had backtracked on making March the deadline for deciding whether to make a financial commitment to the project.

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ADANI MINING PTY LTD, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIAN GREENS, NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY

Adani still getting special royalty deal

Original article by Mark Ludlow
The Australian Financial Review – Page: 5 : 15-Feb-18

Queensland’s Deputy Premier Jackie Trad says Adani’s proposed Carmichael coal mine would be entitled to defer royalty payments for four years if the project proceeds. The State Government approved the royalty scheme in May 2017, which will also apply to other resources projects in the Galilee Basin. Trad has rejected suggestions that Adani has been given a "royalty holiday", arguing that interest will be payable on the deferred payments. Meanwhile, the state’s Department of Environment & Science has rejected New Hope Group’s amended environmental authority for a proposed expansion of its New Acland coal mine.

CORPORATES
ADANI MINING PTY LTD, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, QUEENSLAND. DEPT OF ENVIRONMENT AND SCIENCE, NEW HOPE CORPORATION LIMITED – ASX NHC, LAND COURT OF QUEENSLAND, QUEENSLAND. DEPT OF NATURAL RESOURCES AND MINES, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

Labor stonewalls on Adani incentives

Original article by Michael McKenna, Sarah Elks
The Australian – Page: 8 : 10-Nov-17

The Queensland Government continues to attract scrutiny over its dealings with India-based Adani regarding its $A16.5bn Carmichael coal and rail project. The Government struck a deal with Adani in May to defer some royalties payments, but it has refused to disclose any details of the deal. However, the Australian Labor Party had stated in 2015 that it would not make any "secret deals" if it won the state election.

CORPORATES
ADANI MINING PTY LTD, AUSTRALIAN LABOR PARTY, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, QUEENSLAND. TREASURY, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY

Miners hit out at industrial kill laws

Original article by Michael McKenna
The Australian – Page: 7 : 10-Oct-17

The Queensland Resources Council has accused the State Government of not consulting it over new industrial manslaughter laws. The proposed laws, instigated as a result of union pressure, are due to go before state parliament on 11 October. However, the QRC has only just learned that the laws may be extended to cover the minerals sector, and it states that they will conflict with existing health and safety rules. The QRC has threatened to campaign against the Government at the next election if the proposed laws are not amended.

CORPORATES
QUEENSLAND RESOURCES COUNCIL LIMITED, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, QUEENSLAND. DEPT OF STATE DEVELOPMENT, KATTER’S AUSTRALIAN PARTY, AUSTRALIAN LABOR PARTY, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA

Miners urge cost assessment in carbon-neutral goal

Original article by Matt Chambers
The Australian – Page: 20 : 13-Jul-17

Queensland Resources Council CEO Ian Macfarlane has questioned whether a target of 2050 for the state to become carbon neutral is achievable. He says the target is "very ambitious" given that the state boasts high-intensity industries such as LNG and alumina production. He has urged the State Government to take into account the cost of the push for carbon neutrality. Macfarlane and the Australian Petroleum Production & Exploration Association’s Rhys Turner have both called for a national approach to reducing carbon emissions.

CORPORATES
QUEENSLAND RESOURCES COUNCIL LIMITED, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED

Qld urged to ditch 50pc energy target

Original article by Mark Ludlow
The Australian Financial Review – Page: 6 : 11-Jan-17

The Queensland Resources Council says the State Government should reconsider its policy of lifting renewable sources’ share of power generation from just seven per cent to 50 per cent by 2030. It argues that the focus should be on setting an appropriate target for renewables which ensures that there is no rise in electricity prices for retail customers. The QRC has also raised doubts about the number of jobs that the renewable energy industry is likely to generate.

CORPORATES
QUEENSLAND RESOURCES COUNCIL LIMITED, AUSTRALIAN ENERGY COUNCIL, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIAN LABOR PARTY

Miners say water bill to cost jobs

Original article by Michael McKenna
The Australian – Page: 2 : 12-Oct-16

New Hope Coal has warned that the Queensland Government’s proposed new water licence regime for existing resources projects will affect the timetable for the expansion of its Acland mine. MD Shane Stephan has told state MPs that the company will have to begin laying off workers at the mine in 2017 if the legislation is passed. The Queensland Resources Council has criticised the proposed legislation, which would subject resources projects to an additional environmental approval process in order to obtain a water licence.

CORPORATES
NEW HOPE COAL AUSTRALIA, NEW HOPE CORPORATION LIMITED – ASX NHC, QUEENSLAND RESOURCES COUNCIL LIMITED, ADANI MINING PTY LTD, QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION

Crown board signs off on Queen’s Wharf bid

Original article by Perry Williams
The Australian Financial Review – Page: 19 : 10-Jul-15

CSLA and Deutsche Bank expect Echo Entertainment Group to be the successful bidder for the right to build a new casino in Brisbane. Crown Resorts has finalised its submission to the Queensland Government, which has reiterated that a decision on the winning bid will be made after the state Budget is handed down on 14 July 2015. Opposition Leader Lawrence Springborg has urged the Government to announce the winning bidder immediately.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, CROWN RESORTS LIMITED – ASX CWN, CLSA AUSTRALIA PTY LTD, DEUTSCHE BANK AG, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, GREENLAND HOLDING GROUP COMPANY LIMITED, FAR EAST CONSORTIUM INTERNATIONAL LIMITED, CHOW TAI FOOK ENTERPRISES LIMITED, THE STAR, CREDIT SUISSE (AUSTRALIA) LIMITED