Government welcomes PWCS expansion
Ports and Waterways Minister Paul McLeay today welcomed the announcement from Port Waratah Coal Services (PWCS) on their $670 million expansion plans for the company’s Kooragang Island terminal at Port of Newcastle.
Mr McLeay applauded this move saying this is a direct result of the Hunter Coal Export Framework (HCEF), announced in January.
“On January 1 the NSW Government implemented the historic agreement between coal producers and the Government, and within a month we’ve seen the first investment under the Framework. We’ve moved from plans into action. This massive commitment is just the first step,” Mr McLeay said.
“This is a perfect example of Government and industry working together to improve systems, support and create jobs and deliver first class services. It is encouraging news for the Port of Newcastle and the Hunter Region.”
The PWCS $670 million expansion project will increase the capacity of the Kooragang Island coal loader by 20 million tonnes per annum. Works are scheduled to be completed by the end of 2011.
