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NHC New Hope Corporation Limited

4.87
-0.17 (-3.37%)
30 May 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
New Hope Corporation Limited ASX:NHC Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.17 -3.37% 4.87 4.85 4.95 4.99 4.855 4.98 2,044,678 09:50:00

Announcement Due Thursday On Abbot Point Port Bidders - Report

30/11/2011 11:03pm

Dow Jones News


New Hope (ASX:NHC)
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The government of Australia's Queensland state will announce Thursday its provisional approval for bidders to build six new terminals at the country's most northerly coal port, at Abbot Point south of Townsville, the Australian Financial Review newspaper reported.

The paper said that the coal expansion would boost Abbot Point's capacity to 385 million metric tons, from around 50 million metric tons presently.

Major companies chosen to build the terminals are Anglo American PLC (AAL.LN), Rio Tinto PLC (RIO), Vale S.A. (VALE), and a consortium of Peabody Energy Corp. (BTU), New Hope Corp. Ltd. (NHC.AU), and Carabella Resources Ltd. (CLR.AU), the paper reported.

Waratah Coal, a privately owned group controlled by Clive Palmer, and a group named MacMines Austasia would also be preferred bidders, the paper said.

 
Newspaper website: http://www.afr.com 
 
   -By Sydney bureau; 61-2-8272-4680; djnews.sydney@dowjones.com 
 

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