Council needs to fast-track rail before gridlock
First train ride re-enacted for Queensland Rail's 150th birthday
Nambour a better option: Woombye anti-rail stabling group
South west Queensland pushes for more rail services for cattle
Tilt Trains set for a major overhaul
Ipswich celebrates heritage at Rail Museum on Open Day
Two rail lines earmarked for northern Australia
The $55.8 million dual gauge rail line from Acacia Ridge to Bromelton remains unfinished
Police investigate if fallen powerlines on Gold Coast train line work of vandals
Sourcing critical railway upgrade funding needs cool heads and smart solutions
Coal transport on railway line to Australia's Abbot Point terminal disrupted
Singapore (Platts)--13 Sep 2016 517 am EDT/917 GMT
Coal transport on the Newlands Coal Rail System, which links several met coal mines in Queensland to the Abbot Point Coal Terminal, has been disrupted due to a derailment on September 11, market sources and rail operator Aurizon said Tuesday.
The Newlands rail system is one of four systems in Aurizon's Central Queensland Coal Network.
It is located at the northern end of the Bowen Basin in north Queensland. The rail disruption occurred on the 69 kilometer Northern Missing Link, which connects the Newlands system with the Goonyella system, sources said.
The rail outage will affect deliveries of mostly tier-two hard coking coals to Abbot Point, according to multiple sources from mining firms.
Queensland coal mines affected by the rail stoppage include Jellinbah's Lake Vermont and Yancoal's Middlemount, sources said.
"It's a perfect storm," said a marketing manager at an Australian mining firm, citing the confluence of recent mining and supply-related problems impacting the coking coal market like South32's Illawarra coal mine force majeure. Premium Low Vol Hard Coking Coal was assessed at $185/mt FOB Australia on September 9, surging 142% since the start of 2016, S&P Global Platts data showed.
Platts HCC 64 FOB Australia price has jumped 121% over the same period.
Transport is expected to resume only from September 19, Aurizon said in a reply to Platts inquiries.
At about 7:30 am on September 11, a derailment of a loaded coal service occurred near Havilah, 120 km south of Abbot Point in Newlands system, according to Aurizon.
About 22 kilometres of railway track was affected, with about 5,000 railway sleepers needing replacement, three mining sources told Platts.
"The derailment resulted in major infrastructure damage," an Aurizon spokesperson said.
Deliveries from Glencore's Newlands mine, as well as Qcoal's Sonoma might not be impacted, according to sources.
Abbot Point is located 25 km north of Bowen, at the northern end of the Galilee and Bowen coal basins.
The Port of Abbot Point has a nominal export capacity of 50 million mt/year.
Coal is currently supplied by rail from the Newlands, Collinsville and Sonoma mines and a number of Bowen Basin customers such as BHP Billiton Mitsubishi Alliance, according to North Queensland Bulk Ports Corporation Limited.
Most industry sources said the rail outage will further constrict supply in a market already suffering from lack of Australian and Chinese coals.
This article first appeared on www.platts.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.