SOURCE: Industrial Info Resources

Industrial Info Resources

June 25, 2014 06:30 ET

Australia's Queensland Set to Ramp Up Coal Projects, Despite Weak Market, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Jun 25, 2014) - Researched by Industrial Info Resources Australia (Perth, Australia) -- North Queensland Bulk Ports announced last week it would scuttle plans to develop the 180 million-ton-per-year Dudgeon Point coal export terminal near Mackay, as a result of weak market conditions. Industrial Info's database, however, suggests a more optimistic outlook for the coal market, as the industry is set to ramp up production in Australia within the next few years.

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