Companies like Arrow Energy Pty Ltd, Santos Ltd, Molopo Energy Ltd, Origin Energy Ltd, Westside Corp. Ltd and QCG Pty Ltd (BG Group) are hoping to capitalise on these numbers in Queensland - with BG Group alone to spend A$1.7bn developing its Charlie CSG project in the Surat basin, initially targeting 93 wells and upping this to 400. Queensland's mines minister, Anthon Lynham, said that "by 2018, Queensland could be the world's fourth largest liquefied natural gas (LNG) exporter and by the end of the decade, Australia has the potential to be the world's leading LNG exporter." Asset Minerals is a potential new entrant to the frac sand industry, which is currently dominated by sole-operator Sibelco Global in South Australia. Asset's resource, located in Queensland's Surat Basin, contains about 2m tonnes JORC-certified sand under API specifications. The deposit has been approved by the council and the company is in the process of acquiring a mining lease, with plans to begin mining by 2017.
Australia has excellent potential to produce bauxite-based proppants. Prior to 2008, Rio Tinto Plc produced up to 150,000 tpa calcined bauxite for abrasives and
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