Australian rail workers plan strikes that could hit key coal haulage tracks 12:32am EST [Reuters]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
Australian rail workers plan strikes that could hit key coal haulage tracks | Reuters 2 Min Read SYDNEY (Reuters) - Coal railway workers at Australian hauler Aurizon Holdings Ltd are planning strikes after a breakdown in pay negotiations, their trade union said, a move that could delay shipments from the world’s largest coking coal export region. Miners including BHP Billiton, Glencore, Anglo American and Peabody Energy use Aurizon’s four major railways in the state of Queensland to bring coal to port. Protracted negotiations over pay rises and rostering had broken down, the Rail, Tram and Bus Union, which represents train crews and maintenance workers at Aurizon, said in a statement on Thursday. “Members ... will start walking off the job at midday tomorrow in 11 days of action,” the union said. Four days of stoppages and seven days of overtime bans are planned. Aurizon said in a statement that if the strikes go ahead, its coal trains would not run on its Blackwater and Moura network
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