TER­MI­NALS KEEP PACE

The Weekend Australian - Travel - - Resources -

AUS­TRALIA’S sharp rise in coal sales over­seas will be fa­cil­i­tated by a sub­stan­tial in­crease in lo­cal in­fra­struc­ture de­vel­op­ment.

ABARE says that, in the Hunter Val­ley, an 11 mil­lion tonne ex­pan­sion in the ca­pac­ity of Koor­a­gang Is­land coal ter­mi­nal, due for com­ple­tion next year, will be fol­lowed by a two-stage, 66Mt de­vel­op­ment of the re­gion’s third coal ter­mi­nal as well as an in­crease in rail ca­pac­ity.

Mean­while in Queens­land the Gladstone coal ter­mi­nal’s in­crease in ca­pac­ity from 40 mil­lion tonnes to 68Mt is due for com­ple­tion this year.

A fur­ther ex­pan­sion at the port un­der con­sid­er­a­tion would raise ex­port ca­pac­ity by an­other 25Mt.

Five new coal mines have been com­mis­sioned or are un­der con­struc­tion to serve this ramp up in ex­ports.

In the medium term, adds ABARE, four new mines in NSW and four in Queens­land are in the plan­ning stages.

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