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Bligh to ignore miners' stance on QR sell-off
Queensland coal producers have united to bid for ownership of QR’s coal rail network in central Queensland in the face of an unyielding position from the state government.
Iron ore prices to surge as mills lose leverage
The contract price for iron ore could surge by up to 80% from next month amid speculation that earlier predictions of an increase half that size could be grossly under-estimated.
Offer speculation lifts DP World share price
DP World shares rose 5% after weekend reports that the Dubai-based global ports operator may offer new shares to shareholders and that troubled parent Dubai World could sell an additional stake in its subsidiary.
Chemical leak forces evacuation of POTA depot
About 50 workers were evacuated following a chemical leak at P&O Trans Australia's Melbourne Port depot this morning.
Brian Kingston named Prime Infrastructure chief
Investment firm Prime Infrastructure has chosen Brookfield Asset Management senior managing partner Brian Kingston as its new managing director and chief executive.
Tanker taken but six hijack attempts thwarted
A chemical tanker has been hijacked but European anti-piracy naval forces have thwarted six other attacks and captured 35 suspected pirates in the Gulf of Aden over the past four days.
ACCC draft decision to reject ARTC's Hunter plan
The Australian Competition and Consumer Commission has signalled its rejection of proposed rail access arrangements which would affect coal shipments through the port of Newcastle.
