Australian rail freight company the Queensland Competition Authority has warned that up to 20 million tonnes per year of coal haulage capacity could be lost from railways serving Queensland Bowen Basin, due to regulatory changes imposed by Aurizon. The changes have limited the amount of revenue the Queensland Competition Authority can earn from the network. The company subsequently announced rail maintenance would now happen at fixed times, rather than to suit the convenience of miners, who have in turn threatened legal action. Canadian miner Teck previously capitalised on disruption to Queensland coalfields, and has warned the latest disruption will impact coal markets.
Australian rail freight company Aurizon has warned that up to 20 million tonnes per year of coal haulage capacity could be lost from railways serving Queensland Bowen Basin, due to regulatory changes imposed by the Queensland Competition Authority. The changes have limited the amount of revenue Aurizon can earn from the network. The company subsequently announced rail maintenance would now happen at fixed times, rather than to suit the convenience of miners, who have in turn threatened legal action. Canadian miner Teck previously capitalised on disruption to Queensland coalfields, and has warned the latest disruption will impact coal markets.