Rio Tinto has announced the retirement of chief executive Sam Walsh, and his succession by Copper & Coal chief executive Jean-Sébastien Jacques.
Walsh will retire on July 1, after almost seven years
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New Hope: Rail undertakings should have been resolved ‘years ago’
New Hope Corporation is seeking a substantial reduction of rail costs from its Queensland mines, as it announced a $20.2 million underlying pre-tax profit on Tuesday.
New Hope processed 5.1mt of ROM coal,
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Things not looking too good at the station
COMMENT: Rail freight in Australia is in the doldrums with reduced revenues and profits combined with falling volumes and some aspects of the industry going backwards at a rate not seen since the pre-privatisation
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Aurizon maintenance deal will keep Redbank open
Queensland-based operator Aurizon hopes to deliver cost reductions through a proposed new long-term maintenance and parts supply deal with Caterpillar subsidiary Progress Rail Services.
On a visit to Caterpillar
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Port of Melbourne lease process begins
The Victorian Government is fielding expressions of interest for parties interested in buying the Port of Melbourne under a long-term lease agreement, a move which will fund the removal of 50 road-rail
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Man spends 3 hours ‘refusing to come down’ from Hunter train
Police have charged a man after he allegedly climbed on top of a stationary coal train in the Hunter Valley on Sunday.
NSW Police said this week they had arrested a 33-year-old Queensland man after he
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Transport leading construction recovery, but some states need to ‘pull their weight’
Major transport infrastructure projects in New South Wales and Victoria will lead a recovery in Australia’s construction sector, Infrastructure Partnerships Australia has forecast.
Australian Infrastructure
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How big transport firms will survive the mining slump
International investors competing for a stake and the Federal Government’s positive outlook for mining are both good signs for the largest companies in the transport sector, logistics academic and former
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Glencore hoping for $1bn in GRail coal haulage sale
International commodities giant Glencore said on Thursday it wants to sell its coal haulage business in the Hunter Valley, according to reports.
Reuters reported on March 17 that Glencore, looking
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Aurizon nets long-term extension for BHP’s Mt Arthur coal
Rail operator Aurizon has secured a long-term contract extension with BHP Billiton which will see it haul coal from the miner’s Mt Arthur coal mine through to June 2028.
Aurizon announced the long-term
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