Goonyella growth plan an­nounced

Townsville Bulletin - - Investor -

QR Na­tional Ltd has ap­proved a $ 185 mil­lion ex­pan­sion of the Goonyella coal rail net­work as part of a ma­jor ex­pan­sion of the Hay Point Coal Ter­mi­nal, near Mackay in Queens­land.

The Goonyella sys­tem’s ex­pan­sion will pro­vide an ad­di­tional 11 mil­lion tonnes per an­num ( mtpa) ca­pac­ity on the net­work, tak­ing it to 140 mtpa.

The Goonyella sys­tem sup­plies two ex­port ter­mi­nals, Hay Point Coal Ter­mi­nal and Dal­rym­ple Bay Coal Ter- mi­nal, south of Mackay, Bris­banebased QR Na­tional said in a state­ment yes­ter­day.

The rail ex­pan­sion would sup­port a pro­ject by BHP Bil­li­ton Mit­subishi Al­liance ( BMA) to lift the ca­pac­ity at Hay Point Coal Ter­mi­nal.

The Goonyella sys­tem is al­ready the largest sin­gle ex­port coal net­work in Aus­tralia.

The ex­pan­sion is due to be com­plete by early 2014.

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