Curtis Island New Mining Frontier of Queensland State

By Esther Tanquintic-Misa,

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Queensland state is known for its coal resources, but new evidence point that the region's mining frontier has shifted to Curtis Island what with the number of liquefied natural gas ( LNG ) projects lined up in the island.

On Wednesday, the Bureau of Resources and Energy Economics released figures showing 87 projects worth $268 billion across Australia, evidence that Australia's mining boom supposedky dwindling is all hearsay. Of the total figure, 22 projects worth $78.4 billion are located in Queensland.

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This article appears in: Investing Commodities
Referenced Stocks: LNG

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