The mining industry and mining jobs are looking very positive for 2018 even without the Adani project.
‘BIS Oxford Economics associate director of construction, maintenance and mining Adrian Hart said the big message from the report was that the worst of the mining industry downturn had passed, and investment was on the rise — even without Adani in the equation.
BIS Oxford Economics released a report Mining in Australia 2017 to 2032, with results signalling a resurgence in the nation’s resource sector — particularly in the Bowen Basin.
BYERWEN, Styx and Taroborah are three coal projects expected to pump $330million worth of construction work into the Central Queensland economy over the next year.
The major annual report, which provides comprehensive analysis, market information and forecast for the mining industry, has found activity in Australia’s mining sector is set to accelerate in 2018/19 with mining exploration, production and maintenance all expected to lift significantly.
The five-year outlook does not include Adani’s $16billion Carmichael coal project (including associated rail infrastructure).