Queensland Rail Gets A$2 Billion Coal Haulage Contract From Xstrata
December 17 2009 - 3:14AM
Dow Jones News
State-owned Queensland Rail has secured a A$2 billion contract
to haul coal for Anglo-Swiss miner Xstrata PLC. (XTA.LN), the
Queensland state government said Thursday.
Queensland Rail, whose coal haulage and freight operations are
being privatized by the state government, will provide services to
Xstrata's Newlands, Collinsville, Oaky Creek and Rolleston mines,
the government said in a statement.
The new contracts will being in 2010 and 2011.
The government plans to list the Queensland Rail businesses on
the Australian Stock Exchange by the end of 2010.
-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692;
ross.kelly@dowjones.com
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