Queensland Says 30 Companies Interested in Port Expansion

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Australia’s Queensland state said 30 coal companies globally are interested in a A$6.2 billion ($6.6 billion) expansion of Abbot Point that would make the port the world’s biggest coal-export terminal.

Craig Wallace, the ports minister of the northeastern state, joined company representatives touring the port as part of an expression of interest to expand its shipment capacity sixfold to 300 million metric tons annually, the government said today on its website.