Funding boost for Copperstring 2.0

The Queensland Government is fast tracking the massive CopperString 2.0 high voltage transmission line to provide cheaper power and turbo-charge investment across our world-class North West Minerals Province.

By extending the national electricity grid from Townsville across the North to Mount Isa, CopperString is expected to underpin the creation of thousands of minerals mining and industrial manufacturing jobs for generations to come and stimulate large-scale renewable energy investment.

The Government has announced $14.8 million as part of the COVID19 economic recovery plan to enable the CopperString project to continue its development activities and prepare for construction in 2021.

The project will deliver a 1,100 kilometre high-voltage transmission line – the nation’s largest geographical expansion of the National Electricity Market (NEM) – and integrate the North West’s isolated power supply with North Queensland and the rest of Queensland's electricity network.

The Government said it would lead to hundreds of jobs in construction and 30 ongoing operational jobs, as well as lowering energy costs for the North West Minerals Province where there is half a trillion dollars in the new economy minerals needed for batteries and renewables.

The $14.8 million is conditional on project milestones and, subject to approvals, the project could begin construction in the first half of 2021.

Keep Informed

Subscribe to industry news updates.

© MESCA. All rights reserved. Website by Kook