Asciano Ltd. (AIO.AU) said Thursday it agreed a new ten-year deal to haul a combined 8.5 million metric tons of coal annually from two mines owned by Rio Tinto PLC (RIO) in Australia's Queensland state.

The take-or-pay contract for the Hail Creek and Kestral mines, which will begin in November 2013, is in addition to the company's existing haulage contracts with Rio Tinto, Asciano said in a statement to the Australian Securities Exchange.

-By David Winning, Dow Jones Newswires; +61-2-82724688; david.winning@dowjones.com

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