QR National scores Mineral Resources contract
QR National is continuing to deliver on its iron growth strategy in Western Australia with the announcement of an iron ore rail haulage contract with Mineral Resources subsidiary Polaris Metals.
Under the five-year haulage contract to 2016/ 2017, QR National would deliver 100% of the iron ore produced from Polaris Metals’ Carina mine in WA’s Yilgarn region to the Port of Kwinana near Fremantle.
QR National did not reveal the value of the contract.
The contract signing follows the recent announcement by QR National that it is undertaking a joint study with Atlas Iron of a multi-access iron ore railway in WA’s East Pilbara.
Executive vice president business development & strategy Ken Lewsey said QR National was committed to growing its business with customers and “backing its capability with high performance”.
“The signing of the contract also means we’re right on track with our plan to triple the size of our iron ore haulage business from about 10 million tonnes per annum in FY 2011 to 30 [million tonnes per annum] by 2014,” Lewsey said.
“QR National has total committed investment in excess of $350 million underway in WA in new trains and new facilities to support the growth of our customers and our business.”
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