News

Rio Tinto pulls out of Abbot Point

Rio Tinto announced they will not participate in the Abbot Point Coal Terminal expansion due to due to changes in the economic environment.
Rio Tinto announced they will not participate in the Abbot Point Coal Terminal expansion due to due to changes in the economic environment. Peter Holt

THE FUTURE of the $6.2 billion Abbot Point Coal Terminal expansion is under a cloud after mining giant Rio Tinto announced they have pulled out of the deal.

Whitsunday mayor Mike Brunker said the news was not a major blow.

"It's cutting the weak from the strong," Mr Brunker said.

"I think it's nothing to panic about."

Member for Dawson George Christensen said delayed government approvals were to blame for the company's actions.

"One things Rio Tinto cited was regulatory approvals," Mr Christensen said.

"Those approvals have been with the Federal Government since December 2010 until now."

Topics:  abbot point coal terminal mike brunker


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Adani FIFO triggers debate

MINING: Senator Matt Canavan, Member for Capricornia Michelle Landry, Rockhampton mayor Margaret Stelow, Adani Australia CEO Jeyakumar Janakaraj, and Member for Rockhampton Bill Byrne  signing  the MOU regarding the Charmichael Mine FIFO hub.

Reactions are showing, following the Adani announcement for FIFO hub

By-election votes have been tallied

ELECTED: Central Highlands Regional Councillor Gai Sypher.

Gai Sypher was declared victor of the Central Highlands by-election.

Fight for land rights

FARMING: LNP Shadow Natural Resources Minister Andrew Cripps, Member for Gregory Lachlan Millar and Senator Matthew Canavan discussing vegetation management.

The Queensland land clearing dispute has flared because of SLATS.

Local Partners