Asciano secures haulage contract with Anglo American

Asciano Group has signed a new contract with Anglo American Metallurgical Coal Pty Ltd to haul 16.5 million tpa of coal in Queensland, Australia. The company expects to generate revenue in excess of AU$ 775 million from the agreement over ten years. The contract will commence on 1 January 2012.

As part of the contract, Asciano will haul 10.9 million tpa from Anglo American’s German Creek facility, which is currently serviced by Queensland Rail’s QR National. The contract also includes 5.75 million t that Asciano’s Pacific National currently hauls from Anglo American’s Moranbah North mine.

Exceeding expectations

Asciano’s managing director and CEO, Mark Rowsthorn, said: ”The result is a performance based contract that not only matches the cargo assembly mode of the coal chain, but also provides Anglo American with the ability to mix and match its mine and port haulage requirements.”

He continued: “Winning this major contract reflects the fact that we continue to exceed our customers expectations despite the many challenges we have faced.”

Asciano confirmed that it expects to have hauled 14 million t of coal in Queensland by the end of its first full year of operations, on 30 June 2010. The transport operator also announced that it will procure four new train sets for the additional volumes for Anglo American Coal.

Read the article online at: https://www.worldcoal.com/coal/15062010/asciano_secures_haulage_contract_with_anglo_american/