CAPITAL MARKETS

Qld coal faces logistics nightmare

THE Queensland coal mining industry faces an elaborate logistics exercise to get its product to port once the 46 mines affected by the flooding start operating again, with the estimated cost of the deluge and its impact still growing.

Lau Caruana

Qld coal faces logistics nightmare

The flooding, which is expected to shave 0.5% off Australia’s gross domestic product, or $6-7 billion, according to AMP Capital Investors chief economist Shane Oliver, has forced the closure of two of...

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