COAL
Australia’s largest rail freight company Aurizon has withdrawn its application for funding from the Northern Australia Infrastructure Facility (NAIF) to assist with a multi-user, open access rail solution for the development of the coal-rich Galilee basin.
Aurizon CEO Andrew Harding said on Friday that the rail operator was in ongoing discussions with several Galilee basin mine proponents, but that talks had not yet progressed to definitive contractual agreements with any proponent.
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