MARKETS

Qld growth spurs Aurizon volumes

RAIL and transport group Aurizon's March 2014 quarter volumes of 48.6 million tonnes represents g...

Lou Caruana

Queensland volumes increased 14% compared to the March 2013 quarter due to increased demand, with a major customer operating under a legacy contract continuing to contribute a significant portion of the growth.

The company said volumes in the quarter were impacted by weather related port closures, which are typical during the March quarter as well as seasonal effects following the end of the calendar year.

New South Wales volumes increased 2% compared to the previous corresponding period, with growth impacted by industrial action in late February as well as seasonal effects.

Net tonne kilometres growth of 19% compared to the previous period reflects increased growth in longer haul contracts in Queensland.

Aurizon said guidance for the 2014 financial year remained 207‐212Mt, which takes into account recent weather impacts from Tropical Cyclone Ita.

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 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.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions