Aurizon coal business shrugs off COVID-19 impact

SOLID tonnages in Aurizon’s coal and network businesses and no significant volume impact from COVID-19 in FY2020 helped the company report 10% higher underlying annual earnings of $909 million. However, it warns tougher times may be coming.

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Aurizon coal business shrugs off COVID-19 impact Aurizon coal business shrugs off COVID-19 impact Aurizon coal business shrugs off COVID-19 impact Aurizon coal business shrugs off COVID-19 impact Aurizon coal business shrugs off COVID-19 impact

Aurizon's coal business delivered 214Mt of coal for customers during FY2020, which is broadly in line with FY2019.

Aurizon managing director Andrew Harding said despite the emergence of COVID-19 in the second half of FY2020, the company delivered a solid operational and financial performance with no material