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Article: Coal deal to earn NSW $500m.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 22, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tracy Ong
Sep 22, 2009 (The Australian Financial Review - ABIX via COMTEX) -- An industry agreement forged on 22 September 2009 will help address the bottleneck at Port of Newcastle. The deal will increase the port's coal export capacity by over 100 per cent over the next six years and generate coal royalties of $A500 million per year for the New South Wales Government. Ports Minister Joe Tripodi ...