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AZJ Aurizon Holdings Ltd

3.725
-0.015 (-0.40%)
Last Updated: 04:28:10
Delayed by 20 minutes
Share Name Share Symbol Market Type
Aurizon Holdings Ltd ASX:AZJ Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -0.40% 3.725 3.72 3.73 3.76 3.71 3.72 2,138,611 04:28:10

Queensland Government Shortlists Abbot Point Expansion Candidates

10/04/2013 5:46am

Dow Jones News


Aurizon (ASX:AZJ)
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By Rhiannon Hoyle

SYDNEY--Mining company Anglo American PLC (AAL.LN) and a separate alliance of Aurizon Holdings Ltd. (AZJ.AU) and Lend Lease Group (LLC.AU) have been shortlisted for a possible expansion of a major coal export terminal in north Queensland, the state's deputy premier said Wednesday.

The state government is pushing for a larger port at Abbot Point that can handle bigger volumes of metallurgical and thermal coal, capitalizing on Asian demand for industrial commodities. Australia is one of the world's largest exporters of metallurgical coal, used in steelmaking, and thermal coal, used for power generation.

The government will work with the shortlisted candidates in coming weeks in preparing potential development proposals for the port, Queensland's deputy premier and infrastructure minister Jeff Seeney said in a statement.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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