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Reuters reported that Glencore Xstrata (LSE:GLEN) has moved to resume shipments at its Abbot point terminal in Australia. Cyclone Dylan caused operations to be suspended last week.
Reuters reported that Glencore Xstrata (LSE:GLEN) has moved to resume shipments at its Abbot point terminal in Australia. Cyclone Dylan caused operations to be suspended last week.
As quoted in the publication:
The company, which operates the port that services the Bowen Basin coal deposit, began loading its first ship early on Saturday and the ship has left the port, Glencore Xstrata spokesman Francis de Rosa told Reuters.
Cyclone Dylan crossed the Queensland coast on Friday, bringing wind gusts up to 135 kph (83 mph), heavy rain and generating giant tides. It petered out and was downgraded to a tropical low as it moved inland.