Monday, May 5, 2008

RTZ To Double Queensland Coal Production

Rio Tinto Coal Australia believes it can double its Queensland coal production to 40 million tonnes a year within seven years, thanks to booming demand and a planned new rail and port capacity.

Managing director Hubie van Dalsen announced the target at an on-site ceremony yesterday to mark the start of earthworks at the company's newest coal project, the $A950 million Clermont mine in the Bowen Basin.

He said: "Our aim is to lift our Queensland production from 21 million tonnes of thermal and coking coal last year to 40 million tonnes per annum by 2015.”

Source: Brisbane Courier Mail

Minerals and Metals at www.minerals-and-metals.com

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