Miners lock in Hunter capacity
COAL producers want to export 6.6m tonnes more than the Hunter coal chain can handle next year. Port Waratah Coal Services (PWCS) said coal producers had been quick to lock in long-term supply contracts as part of an industry-wide agreement to take effect from January 1.
A final Australian Competition and Consumer Commission decision on the deal is expected within weeks.
PWCS said coal producers had collectively wanted to export 113.3m tonnes in 2010. The coal chain leading to and including PWCS’s two terminals is expected...
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