Premier Annastacia Palaszczuk hopes the mine will get the final go-ahead this week.
Premier Annastacia Palaszczuk hopes the mine will get the final go-ahead this week. Tony Martin

New Bowen Basin coal mine to bring 350 jobs

A JAPANESE company may give the go-ahead this week for a new coking coal mine to open up near Glenden, bringing 350 construction jobs to the region next year.

The Byerwen Coal Project, 140km west of Mackay, is a $1.76b joint venture between QCoal and JFE Steel, that plans on producing 10 million tonnes of coking coal a year for the next 50 years.

While it secured state and federal government approvals in 2014, state premier Annastacia Palaszczuk hopes to meet with JFE Steel in Japan on Tuesday "in a bid to finalise the go-ahead for the Byerwen Coal Project".

A statement from the Premier's office stated that "JFE Steel has sourced much of its high quality coking coal from Queensland and needs more of it. The steel making giant is now the preferred supplier of rail track to Aurizon."

The premier's trip will also include a formal agreement with Sumitomo Electric Industries and the Queensland University of Technology into the potential for a concentrated solar photovoltaic demonstration project in Queensland.

SEI plans to produce their battery storage systems in the state as they find "more opportunities in off-grid, regional areas".

Expanded tourism and international education opportunities will also be on the table.

Ms Palaszczuk said Japan was now the state's second-largest trading partner, with total trade worth $11.6 billion - nearly 17% of Queensland's total exports.

"I will reassure Japan's business, tourism and education sectors that Queensland is open for business. We value their business and the partnerships we have forged," she said.

"For over 40 years, Japan has invested heavily in Queensland beginning with coal mines in the 1960s."



Tesla confirms revolutionary new arrival for Gympie

premium_icon Tesla confirms revolutionary new arrival for Gympie

The automotive giant has set a tentative date of on its website.

BREAKING: Tenders called for $12M Bruce Hwy Gympie project

premium_icon BREAKING: Tenders called for $12M Bruce Hwy Gympie project

Major safety upgrade of Highway north of Gympie one step closer

Premier set to release abortion report

premium_icon Premier set to release abortion report

QLRC report into decriminalising abortion released today

Local Partners