AURIZON LOCKS IN CONTRACT

AURIZON LOCKS IN CONTRACT
AURIZON (ASX: AZJ) has reached agreement with the owners of long-running Queensland coal mines, Dawson and Callide, to renew existing haulage arrangements.

The arrangements are with Anglo American for Callide, and Mitsui for Dawson.

A 10-year performance-based agreement has been enacted, effective immediately.

Mauro Neves, executive vice president of commercial & marketing for the rail company, says the company worked hard to be competitive negotiating the contracts.

"Anglo American and Mitsui are valued customers and Aurizon is delighted to renew its long-term relationship for the Dawson and Callide mines," says Neves.

"We understand the challenges in the current market and Aurizon has worked hard to provide a competitive, flexible contract to meet Anglo American's and Mitsui's requirements."


Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Advertisement

Related Stories

Quarantine-free travel to WA effective for all Australian states from 19 April

Quarantine-free travel to WA effective for all Australian states from 19 April

Western Australia will soon be able to welcome any interstate tr...

Australia strikes deal with Pfizer to double vaccine intake to 40 million

Australia strikes deal with Pfizer to double vaccine intake to 40 million

The Australian Government has reached a deal with Pfizer overnigh...

Adelaide visual effects studio Rising Sun Pictures acquired by US giant

Adelaide visual effects studio Rising Sun Pictures acquired by US giant

Rising Sun Pictures (RSP), an Adelaide-based visual effects studi...

Australia's largest floral wholesaler Lynch Group buds on the ASX

Australia's largest floral wholesaler Lynch Group buds on the ASX

An Australian company that has been growing and wholesaling flowe...