$670m boost for coal loader
THE Rio Tinto-backed Port Waratah Coal Services announced yesterday a $670 million expansion of Newcastle's Kooragang coal terminal.
The program to build the new Kooragang No. 7 coal berth will create hundreds of construction jobs and add 20 million tonnes a year to PWCS's export capacity, taking it to about 130 million tonnes a year.
But PWCS also had bad news yesterday when it announced that delays to coal-loading during January gave it no choice but to cut access to the port during February.
PWCS general manager Graham Davidson said January was "an unusually disappointing" month, with various delays limiting exports to 8 million tonnes from a budgeted 9.7 million tonnes.
IN THIS SECTION
