The plan was backed by Indian entity Adani Enterprises and involved the development of a facility capable of handling 180 million tonnes a year at Dudgeon Point, near the existing terminals of Hay Point and Dalrymple Bay.
North Queensland Bulk Ports (NQBP), which was to have operated the terminals, announced the decision had been made because current and short-term forecast market demand for coal did not support an expansion.
NQBP chief executive Brad Fish said the position may change based on future demand levels, but in the meantime NQBP plans to complete a port master exercise to comply with the proposed Queensland Ports Strategy and then to revisit the scope of the Dudgeon Point project.
