Queensland Mining Minister Stephen Robertson said Thursday that it would take months for the state’s mining industry to recover from severe flooding in eastern Australia in late December, the BBC reported.
In Queensland, the disastrous flooding has affected about 40 mines.
The state produces coking coal, which is used to make steel as well as thermal coal for power stations. Australian coal exports are estimated at $50 billion.
“Every day that those ports are not working to capacity it’s not just a hit on the coal companies themselves, but on the economy of Queensland more generally because we extract significant royalties from the mining of coal,” Robertson said.
More than 200,000 people in 40 communities have been affected by the unprecedented flooding, causing widespread damage to infrastructure and the region’s economy.
In Queensland, the disastrous flooding has affected about 40 mines.
The state produces coking coal, which is used to make steel as well as thermal coal for power stations. Australian coal exports are estimated at $50 billion.
“Every day that those ports are not working to capacity it’s not just a hit on the coal companies themselves, but on the economy of Queensland more generally because we extract significant royalties from the mining of coal,” Robertson said.
More than 200,000 people in 40 communities have been affected by the unprecedented flooding, causing widespread damage to infrastructure and the region’s economy.
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