Posted in | News | Coal | Mining Business

Asciano Signs 10 Year Coal Hauling Contract with Anglo American

Asciano Group has signed a 10 year coal hauling contract with the mining company Anglo American. The deal is set to generate revenues of more than $775 million.

Anglo American is one of the world’s largest diversified mining groups. Their unique portfolio of high quality mining assets and natural resources includes platinum group metals and diamonds, with significant interests in copper, iron ore, metallurgical coal, nickel and thermal coal, as well as a divestment portfolio of other mining and industrial businesses.

The Aciano group operates in Africa, Europe, South and North America, Australia and Asia. Asciano will transport 16.5 million tonnes of coal a year. 5.75 million tonnes will come from Moranbah North mine and 10.9 million tonnes will come from German Creek serviced by QR National. Asciano will be procuring four new trains to service the additional volumes required by the deal.

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Anglo American Plc. (2019, March 19). Asciano Signs 10 Year Coal Hauling Contract with Anglo American. AZoMining. Retrieved on August 07, 2022 from https://www.azomining.com/News.aspx?newsID=25.

  • MLA

    Anglo American Plc. "Asciano Signs 10 Year Coal Hauling Contract with Anglo American". AZoMining. 07 August 2022. <https://www.azomining.com/News.aspx?newsID=25>.

  • Chicago

    Anglo American Plc. "Asciano Signs 10 Year Coal Hauling Contract with Anglo American". AZoMining. https://www.azomining.com/News.aspx?newsID=25. (accessed August 07, 2022).

  • Harvard

    Anglo American Plc. 2019. Asciano Signs 10 Year Coal Hauling Contract with Anglo American. AZoMining, viewed 07 August 2022, https://www.azomining.com/News.aspx?newsID=25.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit