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Wiggins Island Coal Terminal
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Wiggins Island Coal Terminal is a new coal export terminal for the Port of Gladstone in Queensland, Australia which has been proposed by Wiggins Island Coal Export Terminal Pty Ltd, a consortium of 16 coal companies. At the end of September 2010 the consortium announced that eight coal companies had made commitments to export 27 million tonnes of coal which would be sufficient to enable the funding of the first stage of the terminal. The consortium stated that it expected that financing the proposal would be completed early in 2011 and shipments commence in 2014.[1]
In April 2010 it was announced that The Australian Competition and Consumer Commission (ACCC) authorized arrangements to transfer specified amounts of coal handling capacity from the Barney Point Coal Terminal to the proposed Wiggins Island terminal at the Port of Gladstone in Queensland.
This is expected to facilitate the closure of Barney Point Coal Terminal, which has raised pollution concerns among residents of the area for a number of years.[2]
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Articles and resources
References
- ↑ "Wiggins Island Coal Export Terminal achieves major milestone", Media Release, September 30, 2010.
- ↑ "ACCC authorises arrangements to close problem coal terminal at Gladstone Port" FindLaw Australia, April 22, 2010.
Related SourceWatch articles
- Australia and coal
- Australian Coal Association
- Queensland and coal
- Port of Gladstone
- Barney Point Coal Terminal
- Coal terminals
