QR National secures coal contract

QR National has signed a long-term coal haulage contract with Stanwell Corporation Limited (Stanwell) to transport up to 3.7 million tonnes per annum, thus building on a relationship that spans almost 20 years.

The contract will begin 1 July 2011 and conclude December 2020. It will include the haulage of up to 3.7 million tonnes per annum from Wesfarmers’ Curragh mine to Stanwell Power Station, located west of Rockhampton.

QR National Executive Vice President and CEO Coal Customers and Strategy, Curtis Davies, said the company was delighted to renew a long-term relationship with Stanwell.
“Renewing this rail haulage agreement has provided a win/win for Stanwell and QR National,” Mr Davies said.

“The contract includes commercial incentives for strong operational performance by QR National, underpinning Stanwell’s key considerations – security of supply and the flexibility to meet power station variability.”

Stanwell’s Acting Chief Executive Officer, Wayne Collins, said he was “confident that QR National’s coal business would be able to utilise its size and scale to meet the transport requirements for Stanwell Power Station.”

 

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