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Asciano Signs 10 Year Coal Hauling Contract with Anglo American

By Joel ScanlonJun 15 2010

Asciano Group has signed a 10 year coal hauling contract with the mining company Anglo American. The deal is set to generate revenues of more than $775 million.

Anglo American is one of the world’s largest diversified mining groups. Their unique portfolio of high quality mining assets and natural resources includes platinum group metals and diamonds, with significant interests in copper, iron ore, metallurgical coal, nickel and thermal coal, as well as a divestment portfolio of other mining and industrial businesses.

The Aciano group operates in Africa, Europe, South and North America, Australia and Asia. Asciano will transport 16.5 million tonnes of coal a year. 5.75 million tonnes will come from Moranbah North mine and 10.9 million tonnes will come from German Creek serviced by QR National. Asciano will be procuring four new trains to service the additional volumes required by the deal.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Anglo American Plc. (2019, March 19). Asciano Signs 10 Year Coal Hauling Contract with Anglo American. AZoMining. Retrieved on December 03, 2024 from https://www.azomining.com/News.aspx?newsID=25.
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