Bravus Mining and Resources says the group resents being used by the Opposition for ‘political point scoring’ after accusations raised in State Parliament yesterday about its Carmichael coal operations.

State Opposition Leader Steven Miles said a recent deal with the Crisafulli Government could see the people of Queensland ‘holding the can’ for the equivalent of a $500 million loan.

He said also in Parliament that legal action for ‘tax evasion’ had been discontinued. This action had been based on Adani selling Queensland coal to Indian companies—possibly related entities—for $100 a tonne when the market price was $280 a tonne, he said.

“The Australia Institute estimates this cost Queenslanders a further $400 million … This means the Premier’s secret deal with Adani could gift the company $900 million,” he said.

“The people of Queensland would be creditors of a $500 million loan carrying all of the risk and Queenslanders would miss out on $400 million of royalties.”

Deputy Premier Jarrod Bleijie hit back in Parliament over deals the former Labor Government had made with Adani.

And he said the latest State Government deal had secured 500 new jobs for Queenslanders.

A Bravus Mining and Resources spokesman said many of the things said about the group’s business in Queensland Parliament yesterday were simply not true.

“We have paid all royalties owed to the State on the coal we have exported from our Carmichael mine near Clermont in central Queensland and are proud to have done so,” he said.

“Our operations provide jobs for thousands of regional Queenslanders and opportunities for local businesses that drive economic and social prosperity in the communities our people call home.

“We resent being used by the Opposition for political point scoring. The Labor party themselves were the original architects of the royalty deferral agreement which was Labor’s own policy available to all mining companies.”

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