Queensland coal royalties haul tops $10.5bn

New Acland Mine has achieved another major milestone, with the first trainload of Stage 3 coal leaving the Jondaryan Rail Loadout Facility.

Coal royalties contributed $10.541 billion to Queensland’s coffers in 2023-24, but are forecast to play a smaller role moving forward as prices decline. Budget documents indicate the new tiers of the progressive coal royalties, introduced in 2022, are expected to account for about $3.6 billion of that 2023-24 total. Treasurer Cameron Dick hails this as […]

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Industry Queensland
Industry Queensland