QR National : and Vale collaborate on Galilee and Bowen Basin rail solutions
05/16/2012| 10:03pm US/Eastern
QR National today announced it has signed a Memorandum of
Understanding (MOU) with global miner Vale to evaluate and
scope integrated rail proposals for rail infrastructure and
coal haulage services from new mines proposed by Vale in the
Galilee and Bowen Basins.
Preliminary commercial discussions will be progressed under
the MOU on the identification of opportunities to optimise
the design, configuration and operations of the coal supply
The mine and rail development timelines are aligned to match
the creation of terminal capacity currently being developed
at Central Queensland ports.
QR National currently hauls coal from Vale's Carborough Downs
mine near Moranbah to Dalrymple Bay Coal Terminal.
Executive Vice President for Strategy and Business
Development Ken Lewsey said by leveraging the expandability
of the existing rail network, Vale and QR National could
efficiently match rail capacity upgrades with planned mine
"Expansions of the existing coal chain offers producers
efficient and low cost rail solutions to support the
development of new resources in a competitive global coal
market," he said.
"Substantial use of existing rail corridors also minimises
the impact on communities and the environment, while
leveraging QR National's established capability in integrated
heavy-haul infrastructure and coal haulage services in
"We are committed to growth in Queensland and we see our
collaboration with Vale as an exciting growth opportunity for
both companies in the Galilee and Bowen Basins."
QR National is currently progressing environmental and
engineering studies for the Central
Queensland Integrated Rail Project (CQIRP) which provides for
an integrated rail network running from the Galilee Basin in
the west to Central Queensland ports in the east.
In January 2012, CQIRP was declared a Project of State
Significance by the Queensland Government.