LONG-TERM PRICE DEAL FOR COAL EXPORTERS

For the first time, the Port of Newcastle has put discounted rates on the table for long-term coal exporters.

It would see customers pay 81 cents per tonne instead of $1.04 over 10 years.

“It incentivises the port to continue to invest in the asset and it also gives customers certainty about what their costs are going to be like into the future.” -SAM COLLYER -PORT OF NEWCASTLE

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