QR National has signed a new long-term haulage contract with Jellinbah Group Pty Ltd (Jellinbah) for the transport of coal from Lake Vermont mine.
QR National originally had contracts with Lake Vermont for 2mtpa to RG Tanna (Gladstone) out to 2014. A new performance based contract expands the tonnages to 4mtpa and extends the contract term to 2022. This is complemented by an existing contract for 6mtpa from Lake Vermont to Abbot Point which also expires in 2022.
This means from July 2012, QR National will haul up to 10 million tonnes per annum of coal from the expanded Lake Vermont mine to the ports of RG Tanna and Abbot Point.
QR National Executive Vice President Commercial and Marketing Paul Scurrah said the company was focussed on performance-based contracts that were underpinned by reliability, certainty of supply and safety.
“We are pleased to continue our long-term relationship with Jellinbah, and look forward to assisting their continued growth in Queensland,” he said.
“QR National is absolutely committed to delivering a high level of customer service to Jellinbah, with a strong focus on performance.”
The contract signing follows the announcement that QR National plans to expand existing rail systems in Queensland to facilitate staged development of the Galilee and Bowen Basins, to support ongoing growth in the resources sector.
QR National is Australia's largest rail freight company with services operating across five states. In 2010/11, QR National transported more than 240 million tonnes of freight, including coal, iron ore, other minerals, agricultural products and general freight. It also operates and manages the 2600 kilometre Central Queensland coal network that links mines to coal ports at Bowen, Mackay and Gladstone.