Queensland Government Shortlists Abbot Point Expansion Candidates
April 10 2013 - 12:46AM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Mining company Anglo American PLC (AAL.LN) and a
separate alliance of Aurizon Holdings Ltd. (AZJ.AU) and Lend Lease
Group (LLC.AU) have been shortlisted for a possible expansion of a
major coal export terminal in north Queensland, the state's deputy
premier said Wednesday.
The state government is pushing for a larger port at Abbot Point
that can handle bigger volumes of metallurgical and thermal coal,
capitalizing on Asian demand for industrial commodities. Australia
is one of the world's largest exporters of metallurgical coal, used
in steelmaking, and thermal coal, used for power generation.
The government will work with the shortlisted candidates in
coming weeks in preparing potential development proposals for the
port, Queensland's deputy premier and infrastructure minister Jeff
Seeney said in a statement.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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