As of 15 May 2018, Queensland has a population of 5,000,000, concentrated along the coast and particularly in the state's South East. The capital and largest city in the state is Brisbane, Australia's third-largest city. Often referred to as the "Sunshine State", Queensland is home to 10 of Australia's 30 largest cities and is the nation's third-largest economy. Tourism in the state, fuelled largely by its warm tropical climate, is a major industry.
New Hope's first export shipment, 17,332 tonnes of Bundamba coal, was aboard MV "Floret" which sailed from the Maynegrain grain terminal at Pinkenba on 10 September 1980. At first the company met domestic demand however by 1986 New Hope's market mix had about-faced to 90 per cent export and 10 per cent domestic sales. On 18 July 2008, New Hope entered into an agreement to sell its New Saraji Coal Project to BHP Billiton Mitsubishi Alliance (BMA) for A$2.45 billion.