Aurizon boss Lance Hockridge has drawn criticism from sustainable energy group IEEFA after he suggested Australia’s coal exports to India were poised to grow significantly.
Hockridge spoke at an Australia
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Bidding war looms over Asciano
Qube has announced a formal takeover plan for Asciano.
Asciano, which owns rail business Pacific National, confirmed the news on Tuesday morning, ahead of its annual meeting in Melbourne.
The ASX-listed
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Fall in Australian iron ore exports to China
Iron ore exports to China from Port Hedland in WA dropped in October versus a year earlier, the second such drop this year.
The port exported 30.7 million tonnes of iron ore in October, compared with
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$5 billion infrastructure fund for Northern Australia
Resources, energy and Northern Australia minister Josh Frydenberg has announced a $5 billion fund for infrastructure in the nation’s north.
The Federal Government released a consultation paper to
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Asciano’s Brookfield merger vote to be delayed
An Asciano shareholder vote to approve the Brookfield takeover bid is set to be deferred.
Shareholders were to vote on the proposal this coming Tuesday (November 10) immediately after the company annual
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Plans for new Tasmanian container terminal
A brand new container terminal incorporating rail access is on the cards for Burnie in northern Tasmania, with stevedore DP World and government body Tasports announcing plans for such a facility this
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ACCC to probe Qube’s Asciano play, too
Australia’s competition watchdog says it will monitor transport and logistics firm Qube’s surprise takeover manoeuvre for Pacific National owner Asciano.
The Australian Competition and Consumer Commission
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Technical services tender open for Inland Rail
The release of a major technical advisory tender is a major momentum gathering moment for the Inland Rail project, deputy prime minister Warren Truss has said.
Truss, leader of the Nationals and minister
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PN orders 31 intermodal machines
Heavy equipment business Hyster has been selected to supply Pacific National with 31 intermodal machines, including stackers and forklifts.
Pacific National selected Hyster to deliver 21 reach stackers,
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Asciano board defends Brookfield plan
Pacific National owner Asciano’s chairman, Malcolm Broomhead, has defended the proposed Brookfield takeover, in the face Qube Holdings’ dramatic blocking move.
Qube last week announced it would acquire
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