News

Rio Tinto pulls out of Abbot Point

Rio Tinto announced they will not participate in the Abbot Point Coal Terminal expansion due to due to changes in the economic environment.
Rio Tinto announced they will not participate in the Abbot Point Coal Terminal expansion due to due to changes in the economic environment. Peter Holt

THE FUTURE of the $6.2 billion Abbot Point Coal Terminal expansion is under a cloud after mining giant Rio Tinto announced they have pulled out of the deal.

Whitsunday mayor Mike Brunker said the news was not a major blow.

"It's cutting the weak from the strong," Mr Brunker said.

"I think it's nothing to panic about."

Member for Dawson George Christensen said delayed government approvals were to blame for the company's actions.

"One things Rio Tinto cited was regulatory approvals," Mr Christensen said.

"Those approvals have been with the Federal Government since December 2010 until now."

Topics:  abbot point coal terminal, mike brunker


Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Working in the nicer side of life

REWARDING: Sharon Purcell at the Proserpine Hospital on International Midwives Day where she has been working for five years as a midwife. Photo contributed.

Sharon Purcell believes there's no job more rewarding than midwifery

Proserpine midwives celebrate

CELEBRATION: Midwives Belinda Hudson, Anne Eaton, Sharon Purcell, Ruth Roberts, Debbie McConnel, Davina Linneweber celebrating International Midwives' Day at the Proserpine Hospital. Photo contributed.

Midwives celebrate International Midwives' Day at Proserpine Hospital

Morcombe's bring child safety message to Proserpine

SAFETY: Bruce and Denise Morcombe visited Proserpine State School this morning to teach students about personal safety. Photo contributed.

Morcombe's teach student's personal safety

Latest deals and offers

Backpackers to pay about three times the current tax rate

The Federal Government’s “backpacker’s tax” will be detrimental to Mackay’s $28.6 tourism industry.

Islands provide difference

Michael Atwell caught and released his first giant trevally on Tuesday at the reef with Sea Fever.

Islands provide difference

Working in the nicer side of life

REWARDING: Sharon Purcell at the Proserpine Hospital on International Midwives Day where she has been working for five years as a midwife. Photo contributed.

Sharon Purcell believes there's no job more rewarding than midwifery

Proserpine midwives celebrate

CELEBRATION: Midwives Belinda Hudson, Anne Eaton, Sharon Purcell, Ruth Roberts, Debbie McConnel, Davina Linneweber celebrating International Midwives' Day at the Proserpine Hospital. Photo contributed.

Midwives celebrate International Midwives' Day at Proserpine Hospital

Proserpine businesses hurt by break-ins

Climate Classic owner Janine Muller and husband Steve stand at the watch cabinet that was raided by burglars on Tuesday night.

Watches and cash stolen in break-ins

Morcombe's bring child safety message to Proserpine

SAFETY: Bruce and Denise Morcombe visited Proserpine State School this morning to teach students about personal safety. Photo contributed.

Morcombe's teach student's personal safety

What's on in the region this long weekend?

Wintermoon Music Festival, Camerons Pocket, April 30th- May 3rd, 2015. Photo Lee Constable / Daily Mercury

Take a look at what's on in the region this long weekend.

Dalby Twins Star in House Rules

Luke and Cody from Dalby

Brothers from Dalby talk about their time on Seven's House Rules.

Morcombe parents

Bruce and Denise Morcombe teaching Proserpine State School students about personal...

Blake Lively Film Shot on Gold Coast

Blake Lively in The Shallows.

New trailer for shark thriller The Shallows starring Blake Lively.

Sales underway at exclusive real estate locations

Funnel Bay, a 55 acre waterfront development, is six minutes from the main street of Airlie Beach. Photo Lucy Smith / Daily Mercury

Residential blocks costing up to $2.25 million

Demand for acreage lots pushes up property prices

Property values in Cooroy have increased 25%

Property values jump in Cooroy and Peachester.

How a sacked real estate agent made $725k in four months

Agent is now under investigation by the industry watchdog