Aston Resources Secures 7.1 Million Tons Capacity At Coal Port
28 Septiembre 2011 - 9:44PM
Noticias Dow Jones
Coal developer Aston Resources Ltd. (AZT.AU) will be able to
export an additional 7.1 million metric tons of coal from Newcastle
Port after signing an agreement with a shipper using the port's
NCIG coal terminal, the company said Thursday.
Aston will have the 7.1 million tons capacity from July 2013 to
the end of June 2016, the company said.
Newcastle in New South Wales state is the world's biggest coal
export harbor by volume, accounting for more than 100 million tons
a year of mainly thermal coal exports.
"The successful negotiation of this agreement...provides the
majority of the port capacity required by Aston until 2015," said
Chief Executive Todd Hannigan in a statement.
Aston plans to mine an average of 10.8 million metric tons a
year from its Maules Creek project, in the Gunnedah Basin north of
the Hunter Valley coal basin.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689;
david.fickling@dowjones.com
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