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Scott Burgess, a Year 12 student from Mount Garnet, died at Townsville Hospital after being airlifted from Charters Towers.
The boarder at All Souls St Gabriel's School suffered second and third degree burns to 70 per cent of his body when an oil drum ruptured and burst into flames outside the welding room.
The school's headmaster, Gordon Royall, said staff and students were in shock.
"Our thoughts and prayers are with the Burgess family who are a part of our community," he said in a statement.
He said the school would be grieving for Scott with the help of counsellors and clergy.
"Our concern at this moment is the welfare of Scott's family and his school friends. All Souls St Gabriels School is a tightly knit community and it will take all our resources and spirit to cope with our grieving." Advertisement
Mr Royall said the school would cooperate with police and Workplace Health and Safety inspectors investigating the incident.