Followers | 7 |
Posts | 604 |
Boards Moderated | 0 |
Alias Born | 03/08/2017 |
Tuesday, April 11, 2017 2:11:38 PM
The first coal train from an Australian mining area devastated by the recent cyclone reached port in Queensland today, sparking a race by major miners including BHP Billiton (NYSE:BHP) to secure spare capacity on the only operating line.
But most of the coal in the region travels on Aurizon's Goonyella line further north, which was cut by large landslides; Aurizon expects the line to be closed until May, leaving miners on that line chasing capacity on the Blackwater line.
BHP has interests in 11 coal mines in Queensland's Bowen Basin, with most located on the Goonyella line, and it is scrambling to transport coal from its mines while railroad lines are repaired.
Coking coal prices spiked last week due to the disruptions but have since eased.
Recent BHP News
- Tesla’s April Sales Down 18% in China, Amazon’s Multi-Billion Dollar Cloud Expansion in Singapore, and More News • IH Market News • 05/07/2024 11:44:00 AM
- Alphabet CEO’s Billion-Dollar Wealth, Microsoft’s $1.7B Indonesia Investment, and More News • IH Market News • 04/30/2024 11:58:40 AM
- Philips Stocks Soar 47% Following US Deal, Tesla Bolsters Presence in China, and More News • IH Market News • 04/29/2024 11:11:24 AM
- Anglo American Rejects BHP Group’s Offer, Toyota Invests $1.4 Billion in Indiana, and More News • IH Market News • 04/26/2024 11:48:07 AM
- BHP and Carlton Trail College Building Mining Training Pathways in Saskatchewan • GlobeNewswire Inc. • 04/25/2024 06:31:28 PM
- BHP Bids $38.8 Billion for Anglo American; Biden Unveils Historic Micron Technology Deal, and More News • IH Market News • 04/25/2024 11:48:40 AM
- BHP donates $500,000 to Saskatoon Food Bank & Learning Centre’s Plant Possibility Campaign to help meet growing need • GlobeNewswire Inc. • 03/19/2024 03:00:50 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/11/2024 10:12:30 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/08/2024 11:04:56 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/01/2024 11:01:51 AM
- Mining Your Way to the Future: Exploring Hidden Gems in the EV Battery Metals Landscape • AllPennyStocks.com • 03/01/2024 12:20:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 06:46:26 PM
- Shares of WW International Plummet after Oprah Exits, EA Announces Workforce Reduction and Restructuring Plan, and Latest News • IH Market News • 02/29/2024 11:11:43 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/26/2024 08:37:59 PM
- Barclays Surges with Cost Reductions and Billion-Dollar Shareholder Returns, Capital One Eyes Discover Acquisition, and More • IH Market News • 02/20/2024 10:35:39 AM
- Cisco Systems Stock Drops 5% Following Restructuring Plan, Berkshire Trims Apple Stake, and Latest News • IH Market News • 02/15/2024 11:34:25 AM
- BHP makes transformational donation to YWCA Saskatoon’s Hope Lives Here Campaign • GlobeNewswire Inc. • 02/13/2024 03:36:59 PM
- BHP awards 26 scholarships to Saskatchewan students • GlobeNewswire Inc. • 02/05/2024 04:01:40 PM
- BHP Donates $150,000 Towards Saskatoon’s Medically Inclusive Childcare Center • GlobeNewswire Inc. • 01/31/2024 04:30:36 PM
- Wall Street Highlights: Intel’s Disappointing Quarterly Forecast, PayPal’s New AI Solutions for Merchants, and More • IH Market News • 01/26/2024 01:45:22 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/26/2024 11:06:58 AM
- BHP Xplor announces second program helping to accelerate critical resources exploration • GlobeNewswire Inc. • 01/23/2024 12:01:09 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/18/2024 11:05:52 AM
- BHP Reviews Nickel Plans Amid Market Rout -- 2nd Update • Dow Jones News • 01/18/2024 04:19:00 AM
- BHP Reviews Nickel Plans Amid Market Rout -- Update • Dow Jones News • 01/18/2024 12:35:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM