Original article by Jenny Wiggins
The Australian Financial Review – Page: 16 : 14-Mar-18
Rail freight operator Aurizon Holdings has formally responded to the Queensland Competition Authority’s draft ruling on its coal rail network in the state. Aurizon estimates that the draft ruling, which was issued in December, could potentially reduce its coal haulage volumes by up to 20 million tonnes a year, and it has argued that the draft ruling has weighed upon its share price.
AURIZON HOLDINGS LIMITED – ASX AZJ, QUEENSLAND. COMPETITION AUTHORITY, PACIFIC NATIONAL PTY LTD, RBC CAPITAL MARKETS, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, BM ALLIANCE COAL OPERATIONS PTY LTD, WESFARMERS LIMITED – ASX WES, HERBERT SMITH FREEHILLS PTY LTD, QUEENSLAND RESOURCES COUNCIL LIMITED