INTERNATIONAL COAL NEWS

Coal Crisis: 510 new wagons ordered following O'Donnell review

THE Queensland Government has approved a $A113 million investment for Queensland Rail to immediat...

Staff Reporter

This article is 18 years old. Images might not display.

Deputy premier Anna Bligh said the $113m to purchase new wagons was on top of 370 wagons already under purchase by QR.

Premier Peter Beattie has asked Bligh and Transport and Main Roads Minister Paul Lucas to review future structural arrangements and for the chairman of QR to report back with proposals for consideration.

He said recent changes in the QR structure, including the creation of separate dedicated coal and bulk freight business groups, were intended to provide greater customer focus for the businesses and increase accountability.

Beattie rejected calls for QR to be privatised and said the aim of the review process was to ensure the right structure is found that "best supports QR's continuing national freight and coal business expansion".

"It is quite clear that QR is well positioned to become a significant competitor in the national logistics industry, specifically in QR's bulk and general freight businesses," he said.

"If QR does not become a national player and competitive with the likes of Toll, it will find it very difficult to survive."

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions