Member for Flynn, Colin Boyce and Member for Capricornia, Michelle Landry have welcomed the Queensland Government’s commitment to financially support Heritage Minerals’ Mount Morgan Tailing Processing and Rehabilitation Project.
The Mount Morgan Tailing Processing and Rehabilitation Project, where environmental rehabilitation of the old mine site funded by the recovery of gold and copper from the mine tailings, is expected to deliver a regional income growth effect of $849 million, deliver an estimated reduction in Mount Morgan unemployment to 6.7 per cent, $50 million in local procurement and generate $116.6 million in corporate income tax.
Mr Boyce said it is critical the Commonwealth Government joins the Queensland Government in supporting this much needed project.
“After its closure 30 years ago, I am delighted construction on the redevelopment of the historic Mount Morgan mine is edging closer,” Mr Boyce said.
“The project is expected to support 250 jobs in construction, 150 direct operating jobs and more than 2,400 indirect jobs.
“As always, I will continue to lobby on behalf of the Mount Morgan community at every opportunity.”
Ms Landry said today’s announcement has been a long time coming for Heritage Minerals and hopes the Commonwealth Government will support the project.
“Mount Morgan has a long and distinguished history of supporting Queensland through the jobs and economic prosperity through the mining and resources industries based there.
“I have been a long-term supporter of this project and have made representations on Heritage Mineral’s behalf both before and after the election this year.
“I hope the Federal Labor Government will financially supporting this project via a loan through the Northern Australia Infrastructure Facility (NAIF), who I know Heritage Minerals have been engaging with for some time,” Ms Landry said.