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Coal is going to hurt Q2 GDP

July 17, 2017 - 10:18 -- Admin

Via Credit Suisse: Subdued coal export growth in June persists after Cyclone Debbie impact. ~70% of Aurizon volumes are on the Goonyella and Newlands network which go to Abbot Point, Hay Point and Dalrymple Bay Coal Terminals. These three terminals experienced negative growth in June. For the quarter, coal volumes through QLD bulk ports declined

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