07 June 2010 Aus & New Zealand

MINING COMPANIES BID FOR QR

According to the Sydney Morning Herald, a consortium of coal mining firms has offered to buy Queensland Rail's (QR) coal track network for A$4.85 billion. The Queensland Coal Industry Rail Group (Qcirg) comprises 13 coal producers - Anglo American Metallurgical Coal, Aquila Resources, BHP Billiton,

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