Aurizon Holdings Ltd (AZJ.AX)
24 Apr 2017
TOKYO Japanese steelmakers have bought coking coal from the United States, Canada and China to replace supply lost after a cyclone closed rail links in Australia, their biggest supplier, industry and trader sources said.
* Down from A$900 mln-A$950 mln due to revenue loss, repairs (Adds Aurizon, analysts' comments, details, updates shares)
China's home prices accelerate in March on-month, highlighting policy challenges
SYDNEY The first coal train from an Australian mining area devastated by a cyclone reached port in the northern state of Queensland on Tuesday, sparking a race by major miners including BHP Billiton to secure spare capacity on the only operating line.
SYDNEY The reopening of Aurizon Holdings Ltd's Blackwater rail line, a key link between coking coal mines and export ports in cyclone-hit northeast Australia, will be delayed after suffering more water damage than expected, according to a source.
SYDNEY, April 5 The reopening of Aurizon Holdings Ltd's Blackwater rail line, a key link between coking coal mines and export ports in cyclone-hit northeast Australia, will be delayed after suffering more water damage than expected, according to a source.
SYDNEY, April 5 One of four major rail lines that moves coking coal from mines in cyclone-hit northeast Australia to port facilities has suffered more water damage than expected, a mining company source with operations on the line told Reuters, delaying its anticipated re-opening.
SYDNEY, April 4 Australia's QCoal said on Tuesday it declared force majeure on two coal shipments because coal-carrying railway lines were damaged by Cyclone Debbie and the deadly floods in the storm's aftermath.
* Peabody Energy provided an update on effects of Cyclone Debbie in Australia
SYDNEY, Jan 31 Australian rail freight company Aurizon Holdings Ltd said on Tuesday that it would take about A$321 million ($242 million) of one-off charges, including impairments and significant items, when it reports half-yearly earnings.