Brisbane, Queensland – 3 February 2023 – Airlie Energy announced today that it had successfully flowed gas from the Moranbah Coal Measures in both Mt St Martin 3 and Mount St Martin 4 vertical wells in ATP688.
Queensland Premier Annastacia Palaszczuk announces $62b clean energy plan including ‘world’s largest pumped hydro energy storage’
Queensland will be home to the world’s “largest” pumped hydro scheme and stop “regular reliance” on coal by 2035, under a $62 billion energy plan announced by the Palaszczuk government.
Australian mining is uniquely well-placed to capitalise on the EV revolution.
The world, and the mining industry, were struck by a pandemic in early 2020, leading to massive disruption of the world economy through restrictive public health measures, massive government spending to support individuals and businesses, and severe impacts to supply chains.
The Federal government has been urged to consider intervening in the energy market, amid concerns of a gas shortage that could lead to higher prices, according to the latest report by the consumer watchdog.