Under the agreement, American Resources Corporation will provide third party coal processing, storage and rail loading services at one of its two processing facilities located at the Bevins Branch coal processing complex.
CRU notes that China’s coal demand is on the up despite the nation's more stringent environmental policies.
Resources account for about 80% of Queensland’s exports and over the last two years the sector has benefitted from elevated prices and a strong tailwind from larger volumes.
The CoalLog standard improves the efficiency of collection and transfer of Australian coal exploration data and provides a basis for easier data analysis and training.