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Selasa, 11 Januari 2011

The Wall Street Journal Coal production grinds to a halt because of Queensland floods

COALMINES and rail infrastructure in Queensland continue to shut down as the flooding worsens, prompting US producers to fill the vacuum.
New Hope Corporation is the latest miner to announce it has suspended coal production after its thermal coalmines in southeast Queensland were affected by the adverse weather.

"Over the past 48 hours very substantial rainfall has occurred in southeast Queensland," the company said. "Production activities at all New Hope operations has been suspended."

The continued heavy rainfall has affected the entire coal chain.
QR National announced yesterday that it had stopped rail services to mines west of Brisbane because of the flooding and the closure of the rail line on the Toowoomba Range after a landslide on Monday night.

"The network operator, Queensland Rail, has advised that it had been unable to assess the extent of damage to the railway caused by the landslide on the range. However, early indications are that the impact may be significant," QR National said.   more ...
Posted by Saham Pilihan at 22.14

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