The Australian Competition and Consumer Commission (ACCC) has announced that it has granted authorization to Queensland coal producers Endocoal, Whitehaven Coal, Yancoal Australia, QC Resource Investments and Linc Energy to collectively bargain for rail and port infrastructure.
The coal producers will seek access to the new coal terminal of India's Adani Mining at Dudgeon Point, and also to Australia-based Aurizon Network's rail infrastructure. The authorization is valid until April 5, 2028 to cover initial contract negotiations and to give effect to any subsequent long-term contracts.
The rail infrastructure and the Dudgeon Point port are part of several new infrastructure proposals that will expand Australia's export capacity.
Source:
http://www.steelorbis.com/steel-news/latest-news/queensland-coal-miners-to-collectively-bargain-for-rail-and-port-access-746807.htm
