Monday, June 25, 2007

Macarthur Coal to Restart Shipments From Queensland's Abbot Point Terminal

(Bloomberg) -- Macarthur Coal Ltd., which supplies a
fifth of world export demand for pulverized coal, said it will
restart shipments from the Abbot Point Coal Terminal in
Australia's Queensland state from July 1.

The company plans to export 560,000 metric tons of coal from
its Coppabella and Moorvale mines through Abbot Point in the year
ending March 31, Brisbane-based Macarthur Coal said today in a
statement to the Australian Stock Exchange. Exports have been
suspended since late 2006 while the port was expanded.


Read more at Bloomberg Commodities News

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