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Xstrata sticks with Pacific National

ASCIANO subsidiary Pacific National has signed an $A800 million-plus, 10-year haulage contract with its biggest customer, Xstrata Coal, covering most of the producer’s rail freight needs across the Hunter Valley and Port Kembla regions in New South Wales.

Blair Price

Xstrata sticks with Pacific National

Asciano said the take-or-pay contract, starting from January 1, 2011, would replace a number of existing contracts with Xstrata. The new contract will generate total net revenue in excess of $800 million...

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