Port Hunter Conveyors has said it sees a bright future for the coal industry.
The Steel River-based company employs 120, and has taken on 10 extra workers and added fabrication and machining to insure itself against difficulties in the resources sector, though says it remains optimistic.
The Newcastle Herald reports that CEO Mary McGill said that coal was resilient, despite some pessimism around it.
“It’s true the industry has had to cut costs and we’ve all had to drop our prices. But the amount of coal heading out of the port is still going up, as [The Newcastle Herald] reported today,” she said.
“Yes, they’re hanging onto their conveyor belts for longer and maybe not doing as much preventative maintenance as they did when there was more money around, but it’s still an industry driven by specifications and safety and so they still have to be maintained and replaced.”
As well as its core conveyor business, the 28-year-old company also provides solutions including in rubber and ceramic linings, fabrication, machining and maintenance.