Asciano announced recently that its Pacific National coal haulage business has entered into a 15 year performance based take or pay contract with Springsure Creek Coal Pty Ltd, a wholly owned subsidiary of Bandanna Energy.
The contract is for the annual movement of up to 4 million tonnes from its proposed Springsure Creek mine in Central Queensland.
The start of the haulage contract is aligned to the commencement of operations of the Wiggins Island Coal Terminal Stage 1, which is expected to be in July 2014.
Pacific National Coal Director, David Irwin said
“We are excited to have the opportunity to design and deliver outstanding coal haulage performance for a new producer at a new mine.
“Contracting at this time provides us with the opportunity to work with Bandanna Energy to innovate at the mine / rail interface to optimise efficiencies and create a superior haulage service.
“This contract expands our operations in the Blackwater coal system and will require the addition to our growing Queensland fleet of a further two diesel powered train sets.”