Wedoany.com Report on Mar 9th, According to the Fraser Institute's annual Survey of Mining Companies Investment Attractiveness Index, Queensland, Australia, has significantly improved its ranking, moving from 39th to 13th. This progress reflects the improvement in the region's mining investment environment.

The mining sector is a crucial pillar of Queensland's economy, contributing approximately AUD 61.6 billion in value-added to the economy during the 2023-2024 fiscal year. As Australia's major coal-producing region, as of May 2025, the state operates 59 mines with an annual output exceeding 224 million tonnes, of which about 61% is metallurgical coal used for steelmaking.

Queensland's Minister for Resources and Mines, Dale Last, noted that this rise in ranking is a positive response to the government's efforts to restore industry confidence, streamline administrative processes, and expedite project approvals. He stated, "This is a massive turnaround and sends a clear message to investors that Queensland is open for business."

Last added that despite significant progress within a year, more work remains to be done. He said, "We are reducing red tape, improving the efficiency of approvals, and ensuring transparency in decision-making, all while maintaining Queensland's strict environmental and safety standards."

According to data from the Australasian Institute of Mining and Metallurgy, the mining industry plays a pivotal role in the Australian economy, accounting for about 75% of the nation's total exports, with resource exports valued at AUD 160 billion and providing over 1.2 million jobs. The development of Queensland's mining sector has a significant impact on regional communities and families, and the government is committed to providing a stable policy environment to attract more investment.