|
Aurizon Diesel Locomotives
Aurizon Holdings Limited ( ) is a freight rail transport company in Australia, formerly named QR National Limited and branded QR National. In 2015, it was the world's largest rail transporter of coal from mine to port. Formerly a Queensland Government-owned company, it was privatised and floated on the Australian Securities Exchange (ASX) in November 2010. The company was originally established in 200405 when the coal, bulk, and container transport divisions from Queensland Rail were brought under one banner as QR National. In 2019, the company operated in five Australian states; on an average day it moved more than of coal, iron ore, other minerals, agricultural products and general freight – equating to more than 250 million tonnes annually. Aurizon also managed the Central Queensland coal network that links mines to coal ports at Bowen, Queensland, Bowen, Gladstone, Queensland, Gladstone and Mackay, Queensland, Mackay; it was the largest haulier of iron ore outside the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, the Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 10^12, billion and a market capitalisation of around A$1.6 10^18, trillion, making it one of the List of stock exchanges, world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system fac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hunter Valley Coal Chain
The Hunter Valley Coal Chain (HVCC) is the chain of coal delivery in New South Wales, Australia from (mainly open-cut) coal mines in the Hunter Region to the Port of Newcastle and domestic coal-fired power stations in the Hunter Valley. The HVCC essentially follows the path of the Hunter River travelling south-east from the mining areas in the Hunter Valley to Newcastle. The HVCC mainly deals in the sea-borne export coal trade, especially to Asia (Japan and Korea in particular). It is one of six major coal chains in Australia: * four in Queensland: Abbot Point, Dalrymple Bay/ Hay Point, Gladstone and Brisbane; and * two in New South Wales: the Ports of Newcastle (also known as Port Waratah) and Port Kembla. The port of Newcastle is the world's largest coal export port. Rising demand for coal, particularly in the Asian region has resulted in a strong increase in the volume of coal exported through the port. In 2013 port throughput was 150.5 million tonnes, up from 68 million to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnetic Rail Group
Magnetic Rail Group Pty Ltd is a rail freight company that hauls bulk coal in New South Wales and Queensland. It was incorporated on 1 November 2022 as an Private company limited by shares, Australian proprietary company, limited by shares. The company was formed as the corporate vehicle by which Magnetic Infrastructure Group Pty Ltd, an Australian incorporated 5050 joint venture ultimately owned by M Infrastructure Group Pty Ltd and PT Asian Bulk Logistics, would manage the former One Rail Australia coal haulage assets that it was in the process of acquiring. One Rail Australia had hauled about 30 per cent of Hunter Valley export coal volumes and since 2020 had expanded its operations into Queensland. In 2021, One Rail Australia agreed the terms of its purchase by rail freight operator Aurizon. Since the latter company was already a major operator in the Hunter Valley Coal Chain, Hunter Valley and Queensland coal haulage market, its acquisition of those as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Divestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Competition And Consumer Commission
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the '' Trade Practices Act 1974'', which was replaced by the ''Competition and Consumer Act 2010'' on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour. Historical origins The ACCC's deeper origins are found in the Restrictive Trade Practices Act of Sir Garfield Barwick, Attorney-General in the Liberal Government of Sir Robert Menzies in 1965.Hocking, Jenny, ''Lionel Murphy: a political biography'', Cambridge University Press, Cambridge, UK, 2000 . p.204 Opponents derided Barwick's Trade Practices Act 1965 as " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Rail Australia
One Rail Australia was an Australian Rail freight transport, rail freight operator company. Founded by a United States short line railroad holding company, Genesee & Wyoming, Genesee & Wyoming Inc, in 1997 as Australian Southern Railroad, and successively renamed Australian Railroad Group and Genesee & Wyoming Australia, it was renamed One Rail Australia in February 2020 after the American company sold its remaining shareholding. In July 2022, assets from the South Australian, Northern Territory and interstate operations of the company were sold to rail operator company Aurizon, Aurizon Holdings Limited. The remaining assets, relating to coal haulage in New South Wales and Queensland, were sold in February 2023 to Magnetic Rail Group. Corporate history Genesee & Wyoming Inc was one of several US regional railroad companies to take advantage of the privatisation of Australian rail freight operations in the 1990s. In 1997 its Australian subsidiary (named Australian Southern Ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pilbara
The Pilbara () is a large, dry, sparsely populated regions of Western Australia, region in the north of Western Australia. It is known for its Indigenous Australians, Aboriginal people; wealth disparity; its ancient landscapes; the prevailing red earth; and its vast mineral deposits, in particular iron ore. It is also a global biodiversity hotspot for subterranean fauna. Definitions of the Pilbara region At least two important but differing definitions of "the Pilbara" region exist. Administratively it is one of the nine regions of Western Australia defined by the ''Regional Development Commissions Act 1993''; the term also refers to the Pilbara shrublands bioregion (which differs in extent) under the Interim Biogeographic Regionalisation for Australia (IBRA). Geography The Pilbara region, as defined by the Regional Development Commissions Act 1993 and administered for economic development purposes by the Pilbara Development Commission, has an estimated population of 61,68 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mackay, Queensland
} Mackay () is a city in the Mackay Region on the eastern or Coral Sea coast of Queensland, Australia. It is located about north of Brisbane, on the Pioneer River. Mackay is described as being in either Central Queensland or North Queensland, as these Regions of Queensland, regions are not precisely defined. More generally, the area is known as the Mackay–Whitsunday Islands, Whitsunday Region. Nicknames of Mackay include the Sugar capital, Alexandra and Macktown. The demonym of Mackay residents is Mackayites. Founded in 1862 the settlement was originally known as Alexandra, in honour of Alexandra of Denmark, Princess Alexandra of Denmark, and was later renamed Mackay after John Mackay (Australian pioneer), John Mackay. Sugar became the economic foundation of the city, with plantations using South Sea Islanders that had been Blackbirding, blackbirded as Indentured servitude, indentured labourers or slaves. The trades ending in 1904 roughly coincided with the immigration of S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gladstone, Queensland
Gladstone () is a coastal city in the Gladstone Region, Queensland, Australia. In the , the Gladstone urban area had a population of 45,185 people. It is by road north-west of the state capital, Brisbane, and south-east of Rockhampton, Queensland, Rockhampton. Situated between the Calliope River, Calliope and Boyne River (Central Queensland), Boyne Rivers, Gladstone is home to Queensland's largest multi-commodity shipping port, the Port of Gladstone. Gladstone is the largest town within the Gladstone Region and the headquarters of Gladstone Regional Council is located in Gladstone. History Before European settlement, the Gladstone region was home of the Gooreng Gooreng, Toolooa (or Tulua), Meerooni and Baiali (or Byellee) Aboriginal tribes. In May 1770, , under the command of James Cook, sailed by the entrance to Gladstone Harbour under the cover of darkness. Matthew Flinders, during his 1801–1803 circumnavigation of Australia, became the first recorded European to sigh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bowen, Queensland
Bowen is a coastal town and Suburbs and localities (Australia), locality in the Whitsunday Region, Queensland, Australia. In the , the locality of Bowen had a population of 11,205 people. The locality contains two other towns: * Heronvale, Queensland, Heronvale () * Merinda (). The Abbot Point coal shipping port is also within the locality (). Geography Bowen is located on the north-east coast in North Queensland, at exactly twenty degrees south of the equator. Bowen is halfway between Townsville and Mackay, Queensland, Mackay, and by road from Brisbane. Bowen sits on a square peninsula, with the Coral Sea to the north, east, and south. To the south-east is Port Denison, Queensland, Port Denison and Edgecumbe Bay. On the western side, where the peninsula connects with the mainland, the Don River (North Queensland), Don River's alluvial plain provides fertile soil that supports a prosperous farming industry. Merinda is a hinterland town west of the town of Bowen. The Bru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
