US Coal: Feedback from on the ground in Queensland-20260819
Longer term, in Queensland debate remains centered on constrained supply vs Indian demand growth. The industry is not resource-constrained; it is development- constrained. While Queensland possesses abundant coal resources, royalties, permitting complexity, labor shortages, capital intensity and execution risk continue to limit new project development. Many corporates said they could make a return at ~$240/t for development projects but the risk does not justify it. Beyond known restarts and approved projec ...