17 April, 2021
300 job vacancies in local coal mines
DESPITE China’s boycott of Australian coal, there are more than 300 vacant coal working jobs in the Mackay region.
Queensland Resources Council (QRC) Chief Executive, Ian Macfarlane announced that Queensland’s coal workers have every reason to feel optimistic about their future.
“The jobs outlook for Queensland’s coal workers is positive, despite the challenges of China’s import bans and COVID-19,” Mr McFarlane said.
“In fact, a quarter of coal mining CEOs surveyed by the Queensland Resources Council expect to increase their workforce in Queensland this year.
“The Australian Bureau of Statistics has also found that for the 12 months to February 2021, Queensland coal mining jobs increased by 3,341 jobs - or 15 percent – to reach 26,418 direct jobs for the 12 months to February 2021.
“India’s steel-making capacity is expanding and so India is emerging as a growth market for Queensland’s metallurgical coal exports.
“The scale of planned expansion of India’s steel production capacity, together with the fact that a large quantity of India’s metallurgical coal imports is already sourced from Queensland, places Queensland in a prime position to meet this increased demand.
“This is expected to be large enough to offset, or largely offset, any potential reduction in demand for metallurgical coal from China.
“India’s demand for thermal coal is expected to grow by more than four percent on average over the next five years to 2026.”
Mr McFarlane added that South Asia and South East Asian demand for thermal coal is also forecast to grow by 52 percent between 2020 and 2026.
“The Federal Government’s latest Resources and Energy Quarterly Report advises that showing there is a very strong market for Queensland’s thermal coal.
“Plus a Queensland Treasury’s Study found that Queensland’s coal industry continues to enjoy key advantages as the quality of its coal compared well with global competitors, and so international demand is likely to support Queensland’s coal exports over the next two decades.”