Business
Cashed-up New Hope ready to contango as earnings leap again
New Hope is enjoying a golden era with a bank account stuffed with cash as it revealed it was back in the China coal market.
Business
New Hope is enjoying a golden era with a bank account stuffed with cash as it revealed it was back in the China coal market.
Business
BHP has tipped strong global demand for Queensland coal as China’s trade bans soften but Queensland remains a no-go zone for “significant” investment.
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BHP has warned that the China trade bans on its coal were likely to remain in place for “a number of years” while its iron ore division hit record production levels and the company said it was positioned for the coming global megatrends.
Australia’s coal and gas sectors can expect a $27 billion rebound in revenue as metallurgical coal and LNG enter a period of higher demand and prices, according to a Federal Government report.
Generation Next is backing Queensland wine in a way their parents never did and the industry appears to be enjoying a golden era as tourists flock to the Granite Belt.
The coal and LNG industries are expected to rebound sharply over the next year with the total resources sector expected to deliver more than $3 billion to Treasury in royalties.
