Tag «central Queensland»

Aurizon invests $180 million in Central Queensland fleet upgrade

A $180 million investment in 40 high-tech track machines and specialised wagons by Australia’s largest rail freight operator, Aurizon will underpin the delivery of ever-increasing export coal tonnages for Queensland miners. On Thursday, Aurizon’s Managing Director & CEO, Lance Hockridge unveiled one of the new 62 metre, 193 tonne track machines at a ceremony at …

Rio Tinto: Sale of interest in Clermont Mine completed

Rio Tinto has completed the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore and Sumitomo Corporation, for US$1.015 billion. Under the terms of the sale, Glencore has now taken over management of Clermont Mine, which produces thermal coal in central …

Rio Tinto – Kestrel Mine Extension starts production

Coal production has started at the Kestrel Mine Extension, a US$2 billion dollar project near Emerald in central Queensland. The extension will add 20 years to the life of the Rio Tinto managed Kestrel Mine, the company’s only underground coal operation. Kestrel Mine general manager operations John Coughlan said “After four years of construction, seeing …