Australia's Aurizon cuts coal haulage target

摘要

Australian rail firm Aurizon has cut its forecast coal haulage volume to 210mn-220mn metric tonnes from 220mn-230mn t for the 2019-20 fiscal year ending 30 June, after transporting a lower than expected 106.3mn t in July-December. Aurizon, which operates the Central Queensland Coal Net- work (CQCN) and haulage business in both New South Wales (NSW) and Queensland, pointed to customers’ production woes and maintenance issues for cutting its guidance. The bankrupt- cy of Bounty Coal and the closure of its Cook Colliery, as well as safety issues at several Queensland mines have reduced demand for Aurizon’s haulage business in Queensland.