Key shareholders want Asciano to provide an alternative plan in case Brookfield’s proposed takeover is blocked by the government’s competition watchdog.
A Fairfax report on Monday suggests the ASX-listed
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Coal, iron ore volumes down for Aurizon
Aurizon has recorded a 3% drop in coal volumes through the first three months of FY2016, with Queensland volumes dipping 1.6mt year-on-year.
September quarter figures from the Queensland-based operator
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Queensland contemplates a Port of Bundaberg expansion
Queensland is looking at increasing the Port of Bundaberg’s commodity base to include minerals, and boosting throughput from an average of 254,000 tonnes a year to one million tonnes.
This could be done
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Finalists announced for Australian Bulk Handling Awards 2015
The esteemed finalists for the 2015 Australian Bulk Handling Awards – the Bulkies – have been announced.
Hosted by the Australian Bulk Handling Review, and MC’d once again by entertainer
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ACCC to announce Asciano decision Thursday
Australia’s competition watchdog is due to announce its decision on the controversial takeover proposal of Asciano by Brookfield on Thursday, October 15.
Australian Competition and Consumer Commission
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Darwin Port sold for $506m
The Port of Darwin has been sold on a 99-year lease for just over half a billion dollars, according to Northern Territory chief minister Adam Giles.
Giles announced on Tuesday the port, which handles a
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South African coal terminal replaces old gear
South Africa’s main coal conduit, the Richards Bay Coal Terminal, is to replace 39-year old stackers, reclaimers, and shiploaders, while adding a new electrical substation and re-configuring five more.
Richards
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Aurizon could be biggest loser in WICET fallout
Aurizon says a dispute with the owners of Wiggins Island Coal Export Terminal (WICET) over payments for the terminal’s rail loop could cost it up to $27 million every year for the next two decades.
The
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FMG share bump raises asset sale chatter
A lift in Fortescue Metals Group’s share price despite a two-month low in the iron ore price has raised speculation over the Pilbara miner’s potential sale of mine, rail and port assets to overseas
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Union boss wants ACCC to watch freight rail
The Rail Tram and Bus Union says it will approve of Brookfield’s takeover of Asciano if the Australian Competition and Consumer Commission regulates freight rail.
In an interview earlier this week with
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