Australia’s Sunshine State to Spend $5B on Electricity Transmission Project

Australia’s Sunshine State to Spend $5B on Electricity Transmission Project
Queensland Premier Annastacia Palaszczuk speaks at Yeronga High School in Brisbane, Australia on May 7, 2022. Bradley Kanaris/Getty Images
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Australia’s sunshine state, Queensland, will spend $5 billion (US$3.36 billion) on an 1100km electricity transmission line linking the state’s vast northwest mining region to the national grid for the first time.

The state government will take over private company CuString’s planned CopperString 2.0 project to build a high voltage line from Townsville to the northwest, which is rich in copper, zinc, lead, silver and potentially phosphate and rare earth minerals.