Rail developer Martinus has partnered with coal mining company Vitrinite to unlock a new rail development in Central Queensland – a fully integrated solution that combines infrastructure, haulage and financing.
The two parties have signed a strategic Memorandum of Understanding which outlines a path to negotiate a long-term haulage contract and explore financing opportunities, including through the Northern Australia Infrastructure Facility (NAIF).
Infrastructure by Martinus is also positioned to seek alternative funding solutions to unlock investment grade capital where required.
Treaven Martinus, CEO and Founder of Martinus, said Martinus and Vitrinite both operate with corporate agility, a growth mindset and a strong belief in innovation, and the partnership is intended to co-develop rail infrastructure and haulage solutions that are faster, smarter and built for the future.
“Martinus brings more than just logistics solutions,” he said. “We offer an integrated model that combines construction, operation and capital all under one roof.
“That structure allows us to move from concept to reality faster, with full transparency and total alignment on value.”
The partnership taps into a full suite offering under the Martinus Group, with Infrastructure by Martinus delivering a strategic FBOOT model: financing, building, owning, operating and transferring large-scale rail assets.
Haulage by Martinus provides above rail services that connect infrastructure to outcomes, and Martinus Group ensures strategic integration across the entire lifecycle.
“Our focus in haulage is simple, deliver efficient, reliable, end to end services that work for the customer,” said Lee Morrissey, National Haulage Business Development Manager at Martinus.
“Working closely with Vitrinite gives us the opportunity to tailor a haulage solution that reflects their goals, not just ours. That is the kind of partnership we believe in.”
Unlike traditional contractor and client setups, this partnership emphasises open book collaboration, co-design and flexibility all while staying laser focused on value and outcomes.