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Coal volumes decline for Aurizon

AURIZON's December quarter coal volumes of 51.8 million tonnes represent a 5% decrease compared t...

Lou Caruana

In Queensland, December quarter volumes of 40.3Mt represents an 8% decrease on the previous period largely driven by weaker volumes in the Goonyella corridor due to the continued ramp up of BMA Rail, production issues at a major customer's mine and the expiry of the 2Mpta German Creek contract with Anglo in November 2014.

Net Tonne Kilometres declined 6% compared with previous corresponding period which is consistent with the volume decline offset by additional volumes from the GAPE and Blackwater corridors at longer haul distances.

Turning to New South Wales, the December quarter volumes of 11.5Mt represents a 6% increase compared to the previous corresponding period, driven by the commencement of the long-term Whitehaven contract on 1st March 2015.

FY2016 coal volume guidance was lowered to 202 – 212Mt (from 210 – 220Mt) on 23rd December 2015.

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