The Isaac Resources Excellence Hub has been named a top priority commitment following last month’s coal royalties announcement.
Isaac region, Queensland’s largest mining region, will be sharing in a $120 million investment for critical community infrastructure.
Treasurer and Minister for Trade and Investment Cameron Dick announced funding in December, 2022 with priority commitments to the Isaac Resources Excellence Hub and the upgrade of Phillips Creek Bridge near Dysart.
Isaac Regional Council Mayor Anne Baker said the funding is a win for resource regions following years of advocating on behalf of Isaac communities.
“Coal mining is in Isaac’s DNA. This is about ensuring our communities are set up to embrace a future in a changing world,” Mayor Baker said.
“This announcement follows critical new Moranbah Hospital investment to service the Bowen and Galilee basins, the beating heart of Queensland’s resources.
“We are absolutely thrilled to see the return of royalties especially when Isaac coal mines continue to support the growth and prosperity of Queensland and the nation.
“On behalf of the community, we look forward to working in partnership with the Queensland Government to ensure consistent royalties reinvestment.”
Council has advocated for the Phillips Creek Bridge replacement project to both the Queensland and Australian governments for a number of years.
The bridge on Saraji Road is a key link between Dysart and Moranbah that provides access to several coal mines and for community safety.
The Isaac Resources Excellence Hub’s vision is to help unlock innovation and access to technology to support research into mine rehabilitation and decarbonisation while also delivering education and reskilling opportunities at the coalface.
The Queensland Government’s royalties reinvestment announcement follows budget commitments from the Australian Government in October this year.
Isaac mayor Anne Baker (left) said royalties funding of $120 million is a win for investment in critical community infrastructure
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