(Marketwire Via Acquire Media NewsEdge) PERTH, AUSTRALIA -- (Marketwired) -- 06/25/14 --
Researched by Industrial Info Resources Australia (Perth, Australia) -- North Queensland Bulk Ports announced last week it would scuttle plans to develop the 180 million-ton-per-year Dudgeon Point coal export terminal near Mackay, as a result of weak market conditions. Industrial Info's database, however, suggests a more optimistic outlook for the coal market, as the industry is set to ramp up production in Australia within the next few years.
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Source: Industrial Info Resources