METS

Galilee Basin 'milestone'

RAIL operator Aurizon is closer to an agreement to acquire a 51% stake of the estimated $A6 billion rail and port development needed to commercialise GVK Hancock’s vast coal projects in Queensland’s Galilee Basin.

Blair Price
Galilee Basin 'milestone'

Previously raised in March, Aurizon said further progress was made over the last few months, including alignment on commercial terms. “The proposed rail solution means that for an initial stage, only...

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