Aurizon pact with customers set to cut logistical woes for Queensland coal supply

Australian rail freight operator Aurizon has reached an agreement with its customers on proposed revisions to a rule book that governs the Central Queensland Coal Network (CQCN), a move that is expected to cut logistical uncertainties over coal supply from the Australian state.

“Customers [who have] signed […] the agreements represent more than 90% of railed tonnes in the [CQCN] and include Anglo American, BHP, Coronado, Glencore, Idemitsu, Jellinbah, Kestrel, Middlemount, Peabody, QCoal and Yancoal,” Aurizon said on Friday May 3.
The rule book in question - officially called the access undertaking - is updated every four years, with input from stakeholders across the coal industry.

In February 2018, Aurizon had warned that it would need to reduce throughput on the CQCN by up to 20 million tonnes per year following a draft decision by the Queensland Competition Authority (QCA) on the access undertaking that would have limited...

Published

Deepali Sharma

Sophie Zhao

May 03, 2019

10:58 GMT

Singapore