QR coal haulage still feels cyclone pinch

QR National is still feeling the impact of Cyclone Yasi and heavy wet weather.

QR National is still feeling the impact of Cyclone Yasi and heavy wet weather.

The rail haulage firm stated that it expects to see continuing weakness in coal volumes in its Queensland operations.

It originally announced in late February that as a result of the floods and Yasi, it expected a coal haulage reduction of 25 million tonnes for the financial year.

While tonnages in March and April were close to QR’s early forecasts, in recent weeks it has moved one million tonnes less per week than expected.

Based on these figures and the recent announcement of coal miners in the central Queensland region, QR is predicting that there could be an additional ten million tonne loss, on top of the original 25 million tonnes, for the rest of the year.

QR went on to say that with so many coal mines still affected from the cyclones and floods, it expects that the impact on tonnages will continue unto next year.

According to the ABC, around 12 mines in the Bowen Basin are still waterlogged.

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