Aurizon rails back at work
PERTH (miningweekly.com) – Three out of the four coal systems operated by freight hauler Aurizon, which make up the Central Queensland coal network (CQCN), have been reopened following floods associated with Cyclone Debbie, with trains operating under restricted conditions with some reduced capacity.
Aurizon on Tuesday announced that its Blackwater coal system, which connects into the Port of Gladstone, reopened to coal traffic on April 10, while the Moura system into the Port of Gladstone reopened on April 12. The Newlands coal system, into the Abbot Point Coal Terminal, reopened on April 13.
Meanwhile, the Goonyella coal system, which has initially been slated to take five weeks to repair, will be reopened on April 26, nearly one-and-a-half weeks ahead of schedule.
Aurizon noted that between 12-million and 14-million tonnes less will be hauled in 2017, owing to the closure of the CQCN, with Aurizon now expecting its full-year coal haulage to range between 190-million to 200-million tonnes.
Meanwhile, flood repair costs are expected to reach between A$40-million and A$50-million, of which around A$30-million will be classified as operating costs and will impact the companies earnings before interest and tax (Ebit).
Aurizon is expecting total 2017 Ebit reductions of between A$100-million and A$150-million as a result of Cyclone Debbie impacts, of which between A$70-million and A$80-million will be recovered through regulatory processes in future years.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...
VISIT SHOWROOM
AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
