Asciano secures new contract with Rio Tinto in Queensland
- Publishing Date
- 22 Dec 2011 1:37pm GMT
- Author
- Mining Magazine
Loading & Hauling
Asciano has announced that its Pacific National Coal haulage business has entered into a new 10-year performance-based take-or-pay contract with Rio Tinto Coal Australia for the annual movement of 8Mt from its Hail Creek mine and 0.5Mt from its Kestrel coal mine in central Queensland, Australia.
The new contract commences on November 1 2013 and will require coal to be hauled to the Dalrymple Bay Coal Terminal at the Port of Hay Point near Mackay, using the electric Goonyella rail system.
John Mullen, managing director and CEO of Asciano, said: “We are extremely pleased to be able to expand our relationship with Rio Tinto Coal Australia in Queensland after the successful commencement of our initial contract in 2010. This contract is a testament to our Queensland teams’ focus on customer service and delivery against performance-based contracts despite the difficult operating environment over 2011. This contract increases Asciano’s annualised contracted coal tonnage in 2014 to 178Mt.”
The new contract commences on November 1 2013 and will require coal to be hauled to the Dalrymple Bay Coal Terminal at the Port of Hay Point near Mackay, using the electric Goonyella rail system.
John Mullen, managing director and CEO of Asciano, said: “We are extremely pleased to be able to expand our relationship with Rio Tinto Coal Australia in Queensland after the successful commencement of our initial contract in 2010. This contract is a testament to our Queensland teams’ focus on customer service and delivery against performance-based contracts despite the difficult operating environment over 2011. This contract increases Asciano’s annualised contracted coal tonnage in 2014 to 178Mt.”
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