Business

Future now looks quite favourable for Rockhampton's QMAG

DESPITE job losses in 2013, the CEO of a multi-national company that operates QMAG said workers should not have to fear more cuts this year.

Sibelco Australia Limited CEO and managing director, Campbell Jones, was in town yesterday to speak at the Business Leaders Series Forum, hosted by Capricorn Enterprise.

Sibelco is processor and supplier of raw materials for primary industries including glass, mining, agriculture and construction, and acquired QMAG Limited in 2012.

Rockhampton's QMAG base is a magnesia production facility, and despite around 40 job losses last year, Mr Jones said the outlook this year was relatively stable.

"It's been a little bit of a rollercoaster with the first year. It was very tough with the downturn in Europe affecting the sales," he said.

"This year is looking much better, so Sibelco continues to look for more opportunities in the region."

However, he stopped short of saying they may be hiring more workers in the future.

At the forum, Mr Jones spoke about megatrends and aligning businesses with growth markets, and how to change business models to opportunities.

"I think the removal of the carbon tax… is a good positive step, because it does make us more competitive on a global scale," he said.

Topics:  business, capricorn enterprise, mining, qmag




Brisbane crime spree ends with new life in Rockhampton

Nathan William Britt

23-year-old wants to relocate to Rocky when released

Artist wins CQU award for second time

AWARD WINNING: Coowonga artist Peta Lloyd won the inaugural CQU Creates prize for her merged work Tree, bird, book. Photo Contributed

Artist wins award for works depicting amalgamation impact

Game promises to be a clash of the titans

ON COURT: Brothers Crimson centre Ashleigh Whooley.

Clash of titans match turned into one-sided story

Latest deals and offers

SIXTY MILES AHEAD sign with Eclipse Records, prepare new album 'Insanity'

Sixty Miles Ahead sign with Eclipse. Photo Contributed

Sixty Miles Ahead to release new album on Eclipse

Thy Art Is Murder are killing it

See Thy Art is Murder on their killer tour happening right now. Photo Contributed

We talk with Thy Art is Murder about touring, babies, and new music

Date announced for Prince tribute concert

A Prince tribute concert will take place later this year

Matt Damon is taking a break from acting

Matt Damon is taking a break to spend time with his family

Police foiled terrifying 1m plot to kidnap Katie Price

Police foiled a £1 million plot to kidnap Katie Price and her family

Kristen Bell's baby confession

Kristen Bell once pretended to be asleep when her baby woke up early

Queensland's $1 town goes under the hammer today

The township of Yelarbon is up for sale.

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

Iconic Denison St building sold for close to $1M

The Swan Hotel building in Denison St.

ONE of Rockhampton’s most iconic buildings has been sold

Unique Rockhampton bar hits the market

HOT PROPERTY: Cuban themed bar Chango Chango is up for sale.

Popular Rocky bar hits the market.

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd