Cloncurry Shire Council Assesses Flooding Costs Impacting Mining and Agriculture
Cloncurry Shire Council is currently assessing the significant costs incurred from recent flooding, which has resulted in substantial losses, including tens of thousands of cattle and disrupted mineral exports through the Port of Townsville. Evolution Mining's Ernest Henry operation was notably affected, experiencing flooding that halted production and impacted the Glencore copper smelter in Mount Isa.
The closure of the Dyno Nobel acid plant for the first time in 446 days due to supply chain disruptions further impacted operations. Mayor Greg Campbell highlighted the interconnectedness of the local mining industry and the importance of maintaining infrastructure amidst flooding challenges.
The Eva project is expected to require a yearly storage of 100 million liters of diesel to mitigate road closures, which raises capital costs. Other companies, such as MMG Dugald River and South32, are adapting by transporting materials via alternative routes.
