coking coal

Boost for Australian steel and coking coal

The Queensland Resources Council (QRC) has congratulated the Turnbull and Palaszczuk Governments on the decision to award the Land 400 Defence contract to Rheinmetall Defence Australia to be based in Queensland.

QRC Chief Executive Ian Macfarlane said Rheinmetall Defence Australia announced last year it would establish its Australia-New Zealand headquarters and a manufacturing and vehicle maintenance facility in South East Queensland if it won the upcoming LAND 400 Phase 2 contract to supply Australia’s new armoured vehicles.

“This is a $5 billion contract and a $5 billion injection into the Queensland economy,” he said.

“I congratulate Premier Annastacia Palaszczuk and her Ministers for securing Rheinmetall in Queensland and I congratulate Prime Minister Malcolm Turnbull and his Ministers for selecting Rheinmetall and Queensland.”

Last year, Rheinmetall announced a partnership with Australian steelmaker Bisalloy Steel.

“This is great news for Australian steel and coking coal needed to manufacture the steel armour for the Boxer CRV vehicles,” Mr Macfarlane said.

“For the Queensland resources sector, the Land 400 contract again highlights our role in advanced manufacturing.

“The men and women working in the Queensland resources sector are providing one in every $6 dollars in the Queensland economy, sustaining one in eight jobs for Queensland, and supporting 16,400 businesses across the State all from 0.1 percent of Queensland’s land mass.”

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