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    coal investing

    Australian coal industry faces port and rail constraints

    Investing News Network
    Dec. 11, 2009 07:58PM PST
    Industrial Metals

    One of the world’s top three steam coal and coking coal exporters,Australia, has faced growing logistical problems due to lack of rail and port capacity.

    One of the world’s top three steam coal and coking coal exporters,Australia, has faced growing logistical problems due to lack of rail and port capacity.

    The news release is quoted as saying:

    Australia’s coking coal export terminal in northeast Queensland is expected to see long vessel queues until mid-2010 because there is insufficient rail capacity to meet export demand, exporters and coal traders said.

    Click here to access the entire press release

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