The recent announcement of a new terminal access framework for the Hunter Valley Coal Chain has been a decade in the making, Port Waratah Coal Services (PWCS) chairman Eileen Doyle told MINING DAILY.
“I’ve been chairman for 10 years, and I’ve been waiting for this a long time,” she said.
“I think that it is really historic for Newcastle to actually get to this stage.”
The next crucial step is for the agreement between the various parties to be approved by the Australian Competition and Consumer Commission (ACCC), Doyle said.
“It’s sort of like a three-legged stool,” she said.
“You’ve got the producers, you’ve got Minister Tripodi and you’ve also got the ACCC.
“We really need approval in that area so that we can take everything forward.”
Despite details that still need to be ironed out, Doyle doesn’t see any major hurdles in the deal’s approval.
“Once you’ve gotten that high-level agreement about the principals it’s mechanical to take the details forward,” she said.
PWCS is happy that an agreement with the New South Wales Government has finally been reached and the coal port can expand.
“We’ve got a situation where there’s been an agreement between the producers and Minister Tripodi about the terminal access and we’re delighted with that,” Doyle said.
“What everybody wants, naturally, is for us to expand.
“We’re happy to implement what the industry wants.”