As a result the Hunter Valley Coal Chain Coordinator (HVCCC) formally replaced the HVCCLT in August of 2009 and expanded to include all Hunter Valley coal chain producers and service providers. HVCCC coordinates the resources of port operators Newcastle Port Corporation, terminal operators Port Waratah Coal Services and Newcastle Coal Infrastructure Group, railway operators Aurizon, Pacific National and One Rail Australia, railway infrastructure managers Australian Rail Track Corporation and Producers. Producers The major coal producers in the Hunter Valley are: Bengalla BHP Bloomfield Collieries Pty Ltd Centennial Coal Company Limited Glencore Coal NSW Pty Ltd Hunter Valley Operations (a joint venture of Yancoal and Glencore) Idemitsu MACH Energy Peabody Energy Whitehaven Coal Yancoal Consumers Most coal produced in the Hunter Valley is sold directly by coal mines (producers) to overseas buyers. About 20% of coal is sold by traders who do not mine coal but act as agents or intermediaries in coal sales. The majority of Australian coal was traditionally sold to Japanese steel mills or power utilities in accordance with long term contracts. Those contracts were the subject of annual price and volume negotiations. The Japanese steel mills, operating in a co-ordinated manner and collectively known as the "JSM", negotiated prices for coking coal. One of the steel mills would be appointed as the lead negotiator for the initial contracts with producers. Prices in subsequent contracts would be based on these 'benchmark prices', adjusted for coal quality. This led to "JSM terms" being the benchmark for the industry. While coal is still sold under JSM terms, a greater variety of other contract terms now exist. Rail infrastructure The railway corridor used is part of the Main North railway line. The Hunter Valley infrastructure is owned by the State Government owned RailCorp and managed by the Federal Government owned Australian Rail Track Corporation under a 60-year lease until 2064. In November 1994, it was announced that the line would be opened up to other operators. Prior to only FreightCorp and its predecessors operated trains. The other infrastructure associated with coal transport, such as load points, is privately owned, usually by a mine or a coal loader. West of Maitland the line is formed of two tracks, with three in places, with the lines being shared with passenger trains operated by NSW TrainLink. East of Maitland the line is formed of four tracks with the southern pair exclusively for the use