Coal and Mining
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Bright Future for Australia's Coal and CSG
The future for the state’s coal and coal seam gas (csg) industries is looking up! Overseas
demand for these sectors continues to increase at a steady pace. As a result, there are ambitious plans to
invest billions of dollars to dramatically expand capacity. However, the industries’ expansion plans face
several obstacles that need to be resolved. They include the recently announced carbon tax, skills shortages
and local opposition due to environmental problems.
Coal's dominant share cent of Australia's generation mix (around 80 per cent) is poised to halve over the coming
decades as more gas and renewable generation come onstream. But how far coal's contribution slips will also hinge
on advances in cleaner coal technology, with growing official concern over emissions signalled by a carbon tax due
in force next July.
Western Mining since the 1950’s had been searching the Australian continent using pioneering theories and
technologies for new sources of copper. However, it was not until the early 1970’s did the team at Western Mining
focus on the deep north of Southern Australia. In 1975, Western Mining decided to test drill at a number of sites
near the Roxby Downs airstrip based on theories developed by Douglas Haynes, one of its staff geologists.
Peak coal approaches for Indonesia Indonesia has been a rising star of the global coal industry for years and is
now the world’s largest exporter of thermal coal. However, tighter restrictions on coal mining operations and the
need for infrastructural investment to reach new mines suggest the country will be unable to maintain its current
level of output growth. And just like the country’s oil and gas, export volumes will increasingly be challenged by
rising internal demand.