New Coal Export Terminals Might Not be Required in Queensland

PERTH, AUSTRALIA--January 17, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is currently tracking 13 active coal export terminal projects in Queensland with a total investment value of more than $33.1 million (AUD$31.4 billion). This includes multiple grassroot projects at Wiggins Island, Balaclava Island, Abbot Point (China First Terminal) and Gladstone (Yarwun Terminal), as well as large expansions of the existing terminals at Hay Point and Abbot Point. If all of these projects are approved and constructed over the coming decade, an excess of 500 million tonnes per year would be added to the state's existing 250 million tonne coal export capacity.