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




Woolworths, Target post massive losses, write-downs

Hundreds of jobs expected to go as retailers hit by hard times

What price would you put on a kid's 'miracle'?

At nine years of age, Quiń had an accident that caused a cataract to one of his eyes. In an instant; this little boy with his whole life ahead of him faced a future of blindness.

Thousands of Aussies joining campaign to restore sight to kids

Latest deals and offers

The Hard Word reviews Kyzer Soze

Kyzer Soze are playing Brisbane tomorrow at the Crowbar in Fortitude Valley. Photo Contributed

Kyzer Soze summon the evil for this mighty slab of death metal

Britney Spears 'almost drowned' in Hawaii

Britney Spears has revealed she 'almost drowned' while on holiday

Doco reveals real story behind Black Hawk Down

Former Black Hawk pilot Mike Durant shares his story, which helped to inspire the movie Black Hawk Down, in the TV series No Man Left Behind.

FORMER pilot recounts ordeal which inspired a Hollywood movie.

What's on the big screen this week

Toby Kebbell and Jack Huston in a scene from the movie Ben-Hur.

AN OLD classic returns to the big screen with a new young star.

Bachelor Richie gives bacon-loving Noni the boot

Noni Janur features on this season of The Bachelor.

TOOWOOMBA swimwear designer still single but focusing on her career.

Zumbo's Just Desserts serves up magical dishes

Gigi Falanga, left, joins hosts Adriano Zumbo and Rachel Khoo on the TV series Zumbo's Just Desserts.

ADRIANO Zumbo’s decadent creations have become prime-time viewing.

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Coast building approvals at seven-year high: report

The the 2015/16 Development Indicators Annual Highlights Report documents local development activity that took place during the last financial year.

New report shows increasing development on the Sunshine Coast

Top honours for Mackay and Whitsunday builders

The Kerrisdale Gardens property from Paynter Dixon Queensland which won them Project of the Year.

Mackay and Whitsunday builders awarded top honours last night.

Investors eye Gladstone's $4m island with resort approval

UP FOR SALE: Turtle Island is on the market.

CHINESE and Sydney investors flag interest in Gladstone island.