{"id":81596,"date":"2023-09-07T04:31:07","date_gmt":"2023-09-07T04:31:07","guid":{"rendered":"https:\/\/globalroadtechnology.com\/\/?p=81596"},"modified":"2023-09-07T04:31:07","modified_gmt":"2023-09-07T04:31:07","slug":"queensland-miners-continue-to-dig-deep-for-local-business","status":"publish","type":"post","link":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/","title":{"rendered":"Queensland Miners Continue to Dig Deep for Local Business"},"content":{"rendered":"

A new report into spending by the Queensland Resources Council (QRC) has found that its members spent $27 Billion with local businesses in 2021-22. <\/span>The impressive figure accounts for roughly <\/span>77%<\/b> of all QRC member purchases in the period. <\/span>Total group spending on goods and services during the year reached $34.9 billion, with $7.6 billion (22%) spent with interstate or New Zealand vendors and just $0.5 billion (1.5%) on purchases from overseas companies.\u00a0<\/span><\/p>\n

Understandably, the QRC\u2019s chief, Ian McFarlane, pointed out the figures and provided a <\/span>bullish analysis<\/b> of the local mining industry.<\/span><\/p>\n

\u201cThere\u2019s no better way to build a strong social license to operate with the Queensland community than for resources companies to provide opportunities for local businesses to be part of our industry\u2019s extensive supply chain,\u201d he said. <\/span>According to Mr McFarlane, these local suppliers are critical to the <\/span>long-term success of the QLD resources sector<\/b>, providing improvement opportunities, often at lower cost than competitors.<\/span><\/p>\n

\u201cUsing local suppliers reduces transport costs, minimises greenhouse gas emissions and offers better supply chain resilience, which we\u2019ve seen the value of during periods of global disruption due to the pandemic,\u201d he added.\u00a0<\/span>\u201cBuying locally also benefits regional economies and communities by creating new business opportunities, employment and sustainable growth.\u201d<\/span><\/p>\n

In addition, QLD mining and energy companies spent <\/span>$93.8 million<\/b> with 108 Indigenous businesses in 2021\u20132022, a 13% increase on the previous period.<\/span><\/p>\n

 <\/p>\n

Aussie Minerals Exploration Sees Record Growth<\/strong><\/h2>\n

Global exploration for critical minerals is booming as the race to net zero carbon heats up. <\/span>In Australia, we\u2019ve just recorded another record quarter of exploration investment, with growth of 19.4% or $174 million in the previous three months, taking the total figure to over $1 billion.<\/span><\/p>\n

 <\/p>\n

This figure includes:<\/b><\/p>\n

    \n
  1. A rise of 15.3% ($42.2m) to $318.3m in Greenfields exploration<\/span><\/li>\n
  2. A rise of\u00a0 21.3% ($131.8m)\u202fto $751.6m in Brownfields exploration<\/span><\/li>\n<\/ol>\n

     <\/p>\n

    The new data has come to light after the Australian Bureau of Statistics released its June 2023 statistics on mineral and petroleum exploration expenditure.<\/span><\/p>\n

    The Association of Mining and Exploration Companies (AMEC) noted the specific rise in <\/span>copper exploration<\/b> during the period, kickstarted by the energised copper hunt underway in New South Wales and South Australia.<\/span><\/p>\n

    \u201cNationally, copper was the big performer for the June quarter, recording a record high $176.0m in expenditure,\u201d said Mr Warren Pearce, Chief Executive Officer of AMEC.\u00a0<\/span>\u201cThis is off the back of record copper expenditure in both New South Wales and South Australia, with $24.0m (up 15%) and $43.9m (up 33%) respectively.\u201d\u00a0<\/span><\/p>\n

    New South Wales mineral exploration rose 25% to $97.9m, recording the state\u2019s highest levels of mineral exploration expenditure to date.\u00a0<\/span><\/p>\n

     <\/p>\n

    Australia\u2019s Largest Coal-Fired Generator Gets a Reprieve<\/strong><\/h2>\n

    Eraring, the country’s most giant coal-fired power plant, could get a life extension beyond 2025.<\/span><\/p>\n

    During a <\/span>\u201cgrid health check\u201d<\/b>, the NSW government has flagged a potential energy shortfall, which could keep Eraring running for a few more years.<\/span><\/p>\n

    The \u201chealth check\u201d made 54 recommendations, with the government accepting 44 in full and three in part.\u00a0<\/span>One of those is to continue talks with Origin, the facility owner, about extending the planned closure beyond 2025.<\/span><\/p>\n

    In the meantime, the government hopes to fast-track its distributed network plans in a bid to implement new wind and solar assets.<\/span><\/p>\n

    The state wants to streamline renewables approvals in the planning system after approving just two such large-scale projects recently and zero new wind farms since 2021.\u00a0<\/span>The plan would also unlock opportunities to connect new renewables to the existing grid \u2013 outside Renewable Energy Zones \u2013 alongside new transmission.\u00a0<\/span><\/p>\n

     <\/p>\n

    Dust suppression is a critical issue in the world of mining and resources.<\/b><\/p>\n

    Learn more about GRT\u2019s industry-leading and IoT-connected <\/b>SMART Dosing Units<\/b><\/a>, and discover how we\u2019re driving better dust suppression solutions for all!<\/b><\/p>\n

     <\/p>\n

    Your feedback is important to us.\u00a0<\/b><\/p>\n

    If you enjoyed reading this Global Road Technology industry update and found it informative, please let us know by leaving a REVIEW<\/a>.<\/span><\/p>\n

     <\/p>\n

    References:<\/strong><\/h2>\n

    https:\/\/www.qrc.org.au\/media-releases\/mining-and-energy-companies-dig-deep-to-back-qld-business\/<\/span><\/a><\/p>\n

    https:\/\/amec.org.au\/wp-content\/uploads\/2023\/09\/30.-AMEC-ABS-June-2023-Mineral-Exploration-Statistics-FINAL.pdf<\/span><\/a><\/p>\n

    https:\/\/reneweconomy.com.au\/nsw-to-open-talks-with-origin-on-eraring-streamline-new-wind-and-solar-projects\/<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    A new report into spending by the Queensland Resources Council (QRC) has found that its members spent $27 Billion with […]<\/p>\n","protected":false},"author":5,"featured_media":81597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-81596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-articles"],"yoast_head":"\nQueensland Miners Continue to Dig Deep for Local Business - GRT<\/title>\n<meta name=\"description\" content=\"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Queensland Miners Continue to Dig Deep for Local Business - GRT\" \/>\n<meta property=\"og:description\" content=\"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/\" \/>\n<meta property=\"og:site_name\" content=\"GRT\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-07T04:31:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"562\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Troy Adams\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Troy Adams\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/\",\"url\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/\",\"name\":\"Queensland Miners Continue to Dig Deep for Local Business - GRT\",\"isPartOf\":{\"@id\":\"https:\/\/globalroadtechnology.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg\",\"datePublished\":\"2023-09-07T04:31:07+00:00\",\"author\":{\"@id\":\"https:\/\/globalroadtechnology.com\/#\/schema\/person\/634efc2026d5462934990ffbab7984a1\"},\"description\":\"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.\",\"breadcrumb\":{\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage\",\"url\":\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg\",\"contentUrl\":\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg\",\"width\":1000,\"height\":562,\"caption\":\"Queensland Miners Continue to Dig Deep\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/globalroadtechnology.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Queensland Miners Continue to Dig Deep for Local Business\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/globalroadtechnology.com\/#website\",\"url\":\"https:\/\/globalroadtechnology.com\/\",\"name\":\"GRT\",\"description\":\"Dust Control and Soil Stabilization\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/globalroadtechnology.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/globalroadtechnology.com\/#\/schema\/person\/634efc2026d5462934990ffbab7984a1\",\"name\":\"Troy Adams\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/globalroadtechnology.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2020\/12\/troy-150x150.jpeg\",\"contentUrl\":\"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2020\/12\/troy-150x150.jpeg\",\"caption\":\"Troy Adams\"},\"description\":\"Troy Adams is the Managing Director of Global Road Technology (GRT) Specialising in Engineered Solutions for Dust Suppression, Erosion Control, Soil Stabilisation and Water Management. A pioneering, socially conscious Australian entrepreneur, Troy Adams is passionate about health and safety and providing innovative solutions that are cost-effective to the mining industry, governments and infrastructure sectors. Troy is also a tech investor, director of companies like Crossware, Boost, Hakkasan, Novikov and more.\",\"sameAs\":[\"https:\/\/globalroadtechnology.com\/\/\",\"https:\/\/www.linkedin.com\/in\/troyadamsglobalroadtechnology\/\"],\"url\":\"https:\/\/globalroadtechnology.com\/author\/troy-adams-grt\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Queensland Miners Continue to Dig Deep for Local Business - GRT","description":"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/","og_locale":"en_US","og_type":"article","og_title":"Queensland Miners Continue to Dig Deep for Local Business - GRT","og_description":"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.","og_url":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/","og_site_name":"GRT","article_published_time":"2023-09-07T04:31:07+00:00","og_image":[{"width":1000,"height":562,"url":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg","type":"image\/jpeg"}],"author":"Troy Adams","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Troy Adams","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/","url":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/","name":"Queensland Miners Continue to Dig Deep for Local Business - GRT","isPartOf":{"@id":"https:\/\/globalroadtechnology.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage"},"image":{"@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage"},"thumbnailUrl":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg","datePublished":"2023-09-07T04:31:07+00:00","author":{"@id":"https:\/\/globalroadtechnology.com\/#\/schema\/person\/634efc2026d5462934990ffbab7984a1"},"description":"Queensland Miners invest $27B locally, boosting economy. Learn about Australia's mineral exploration and Eraring plant's future.","breadcrumb":{"@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#primaryimage","url":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg","contentUrl":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2023\/09\/MG_6341_RESIZED.jpg","width":1000,"height":562,"caption":"Queensland Miners Continue to Dig Deep"},{"@type":"BreadcrumbList","@id":"https:\/\/globalroadtechnology.com\/queensland-miners-continue-to-dig-deep-for-local-business\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/globalroadtechnology.com\/"},{"@type":"ListItem","position":2,"name":"Queensland Miners Continue to Dig Deep for Local Business"}]},{"@type":"WebSite","@id":"https:\/\/globalroadtechnology.com\/#website","url":"https:\/\/globalroadtechnology.com\/","name":"GRT","description":"Dust Control and Soil Stabilization","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/globalroadtechnology.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Person","@id":"https:\/\/globalroadtechnology.com\/#\/schema\/person\/634efc2026d5462934990ffbab7984a1","name":"Troy Adams","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/globalroadtechnology.com\/#\/schema\/person\/image\/","url":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2020\/12\/troy-150x150.jpeg","contentUrl":"https:\/\/globalroadtechnology.com\/wp-content\/uploads\/2020\/12\/troy-150x150.jpeg","caption":"Troy Adams"},"description":"Troy Adams is the Managing Director of Global Road Technology (GRT) Specialising in Engineered Solutions for Dust Suppression, Erosion Control, Soil Stabilisation and Water Management. A pioneering, socially conscious Australian entrepreneur, Troy Adams is passionate about health and safety and providing innovative solutions that are cost-effective to the mining industry, governments and infrastructure sectors. Troy is also a tech investor, director of companies like Crossware, Boost, Hakkasan, Novikov and more.","sameAs":["https:\/\/globalroadtechnology.com\/\/","https:\/\/www.linkedin.com\/in\/troyadamsglobalroadtechnology\/"],"url":"https:\/\/globalroadtechnology.com\/author\/troy-adams-grt\/"}]}},"_links":{"self":[{"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/posts\/81596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/comments?post=81596"}],"version-history":[{"count":0,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/posts\/81596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/media\/81597"}],"wp:attachment":[{"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/media?parent=81596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/categories?post=81596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalroadtechnology.com\/wp-json\/wp\/v2\/tags?post=81596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}