MARKETS

QR hits 150Mt milestone

QRNational this week hauled its 150 millionth tonne of coal for the financial year, making 2004-0...

Angie Tomlinson
QR hits 150Mt milestone

"It took 37 years to bring annual coal railings up to 100 million tonnes per annum. It took only six more to increase them by a further 50% to the current record haulage level. And the year isn't over yet," Queensland transport minister Paul Lucas said.

 

QR chief Bob Scheuber said the growth was expected to continue, with the company anticipating hauling 200Mtpa by 2007-08.

 

QR has had a busy year, recently securing an international tender to transport up to 10Mt of coal in the Hunter Valley region.

 

The company plans to spend $A3.5 billion over the next five years on rail infrastructure projects, fleet upgrades and additions.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Future Fleets Report 2025

MMI Future Fleets Report 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.