Clive Palmer said today he had rejected advice given from his advisors to reduce staff in his operations.
“Advice had been given to me to bunker down and build a cash war chest from the royalties I am receiving from my Pilbara iron ore project,’’ Mr Palmer said.
“I have decided that I will keep 100% of my extensive workforce on full wages and I will support them and their families.
“My company has today implemented a Crisis Management Team to help our staff,’’ he said.
“I believe at this critical time in our history all major employers need to be loyal to their staff as their staff have been loyal to them.
“All employers should recognise loyalty within their organisations,’’ he said.
“At this time, employers and community leaders need to keep people’s spirits high and face this major threat together.
“I, like all Australians, hope that there is a positive outcome found sooner rather than later so we can as a nation return to full productivity, again producing substantial profits so we can reduce government debt that will be growing substantially.
“The quicker we find a solution the quicker we can all economically recover,’’ Mr Palmer said.
Clive Palmer says Queensland Premier Annastacia Palaszczuk was putting the State’s economic future and energy security at risk by allowing her deputy Jackie Trad to call the shots on coal.
“The Premier should be answering to the wants and needs of Queenslanders, not Jackie Trad who appears to be doing everything possible to favour foreign-owned coal projects over Australian ones,’’ Mr Palmer said.
“She has effectively put Jackie Trad in charge of the State.
“Queensland voters made it very clear that they value the importance of coal mining and job creation and yet the Queensland Government is committed to attacking me over my coal mining interests which will create employment for thousands of people,’’ Mr Palmer said.
“In a panic, the Queensland Government is pushing for the India-based conglomerate Adani and ignoring all other projects including our proposed coal fired power station,’’ Mr Palmer said.
“Serious questions need to be asked as to why this government is giving an unfair advantage to a foreign company, and access to our highest-quality coal which once converted to final products and services will be sold back to Australia for thousands times more.
“I am putting the Premier on notice that if she is acting improperly in favouring foreign companies over Queensland ones, then we will have no alternative but to pursue legal action,’’ Mr Palmer said.
A new coal fired power station would be built in the Galilee Basin by Clive Palmer’s Waratah Coal, to protect Australia’s resource sector from high energy costs.
Waratah Coal Managing Director, Mr Nui Harris said that production of resources like aluminium, copper and nickel required substantial energy, meaning that a low cost, 24/7 base load power supply was essential to drive Queensland and Australia’s economic growth forward.
“The 1,400-megawatt ultra-supercritical power plant will push energy costs down by providing competition to lower efficiency state owned generators,” said Mr Harris
Waratah Coal Pty Ltd has taken the view that that the High Efficiency, Low Emissions (HELE) thermal plant (ultra-supercritical coal) offers the lowest cost base load, of dispatchable power.
“The Galilee Power Plant would connect to the National Energy Market (NEM) through a new high voltage feeder, which would connect to Powerlink’s system at Lillyvale and Broadsound,” he said.
Local connections to reinforce supply to the towns of Alpha and Jericho would also be explored in conjunction with Ergon Energy.
One of the driving forces behind Waratah Coal’s plan is to improve Australia’s standard of living, by ensuring that our minerals are processed in Australia cost effectively.
“Just by having affordable power for our resource sector, we are helping to generate more jobs, royalties and taxation, and that’s got to be good for Australia,” Mr Harris said.
On the 4th of December 2015, the Department of Environment and Heritage Protection assessed the Galilee Coal Project’s Environmental Management Plan as part of the application for a Level 1, Non-Code Compliant Environmental Authority for Mining Lease 70454.
Exploration and coal mine development company Waratah Coal Pty Ltd (Waratah Coal) is pleased to announce they have been advised that Mining Lease 70489 development plan has been approved by the Department of Natural Resources and Mines on 5 June 2015.
Exploration and coal mine development company Waratah Coal Pty Ltd (Waratah Coal) is pleased to announce they have been advised that Mining Lease 70454 development plan has been approved by the Department of Natural Resources and Mines on 5 June 2015.
Exploration and coal mine development company Waratah Coal Pty Ltd is pleased to announce they have been declared a Preferred Respondent for the expansion of Abbot Point coal export terminals T4-9.
The announcement by Queensland Premier Anna Bligh and North Queensland Bulk Ports Corporation (NQBP) guarantees a port site for Waratah Coal’s proposed $8 billion coal mine and infrastructure project in the Galilee Basin in Central Queensland.
Waratah Chairman Clive Palmer said the company was looking forward to working cooperatively with NQBP and other successful respondents in developing T4-9. Read more
Waratah Coal’s proposed $8 billion, Galilee Coal Project mine and infrastructure development in Central Queensland has been boosted by the federal government renewing its Major Project Facilitation (MPF) status.
Brisbane-based Waratah Coal, owned by Professor Clive Palmer, plans to build a thermal coal mine in the new Galilee Basin coal region near Alpha, west of Emerald, as part of its “Galilee Coal” project.
The mine would be linked to a new coal terminal at Abbot Point near Bowen by a new 453km standard gauge, heavy haul railway line. Read more