Coal Producer Whitehaven Secures Extra Port Capacity at Newcastle
Investing News Network - November 25th, 2011
Platts reported that Whitehaven Coal (ASX:WHC) will have additional capacity at Australia’s Newcastle terminal in 2015.
Platts reported that Whitehaven Coal (ASX:WHC) will have additional capacity at Australia’s Newcastle terminal in 2015.
As quoted in the market news:
Whitehaven’s additional export allocation is linked to the building of a fourth coal terminal at Newcastle port for 100 million mt/year of exports. The new terminal’s construction will start when capacity of the current two PWCS terminals, Carrington and Kooragang, has been fully contracted.