COAL INDUSTRY BUCKLES WITH LOSSES OF $2.3 BILLION
Written on the 3 March 2011
THE State Government’s economic recovery coordination taskforce heard today how the coal industry had lost an estimated $2.3 billion in export revenue since heavy rain and deluge stopped mining.
“QR National has restored the Moura line to Gladstone and we are hoping for similar good news for the Blackwater system later this week,” says Roche.
“However, it is also clear that the restoration of rail services to mines west of Brisbane and in the Surat Basin are going to take much longer.”