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Aurizon
Aurizon Holdings Limited (/əˈraɪzən/ ə-RY-zən) 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 corporation, it was privatised and floated on the Australian Securities Exchange (ASX) in November 2010. The company was originally established in 2004-05 when the coal, bulk and container transport divisions of 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 700,000 metric tons (690,000 long tons) of coal, iron ore, other minerals, agricultural products and general freight, equating to more than 250 million tonnes annually. Aurizon also managed the 2670 kilometre (1660 mi)-long Central Queensland coal network that links mines to coal ports at Bowen, Gladstone and Mackay. It was the largest haulier of iron ore outside the Pilbara.
In 2021, a major corporate change was foreshadowed when Aurizon sought to acquire rail operator One Rail Australia. The corporate regulator, the Australian Competition and Consumer Commission, approved the sale subject to One Rail Australia's coal-haulage business in New South Wales and Queensland being divested. Aurizon's purchase of One Rail Australia's assets not subject to divestiture occurred in July 2022. Divestiture of the remaining assets occurred on sale to Magnetic Rail Group on 17 February 2023.
The company in 2023 was Australia's largest rail-based transport business, transporting more than 250 million tonnes (246 million long tons) of commodities per year.
The QR National brand was established in the 2004-05 financial year when Queensland Rail's coal, bulk and containerised business units were brought under one banner.[citation needed]
The company's major traffic at the time was coal, both for export and domestic power generation, in Queensland. In 2005, QR National started to operate export coal services in the New South Wales Hunter Valley. By 2008, its operations extended across the entire mainland other than the Northern Territory when their first Melbourne–Perth intermodal container service started. In August 2008, QR National took over the operation of Melbourne–Horsham container service for Wimmera Container Line, after Pacific National withdrew its service.
In 2009, the Queensland Government announced that Queensland Rail's commercial activities were to be separated from the government's core passenger service responsibilities, formed into a new company named QR National Limited, and privatised. The new company was incorporated the following year, taking:
QR National obtained a 99-year lease over the 2300 kilometres (1400 miles) Queensland coal network, comprising:
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Aurizon
Aurizon Holdings Limited (/əˈraɪzən/ ə-RY-zən) 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 corporation, it was privatised and floated on the Australian Securities Exchange (ASX) in November 2010. The company was originally established in 2004-05 when the coal, bulk and container transport divisions of 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 700,000 metric tons (690,000 long tons) of coal, iron ore, other minerals, agricultural products and general freight, equating to more than 250 million tonnes annually. Aurizon also managed the 2670 kilometre (1660 mi)-long Central Queensland coal network that links mines to coal ports at Bowen, Gladstone and Mackay. It was the largest haulier of iron ore outside the Pilbara.
In 2021, a major corporate change was foreshadowed when Aurizon sought to acquire rail operator One Rail Australia. The corporate regulator, the Australian Competition and Consumer Commission, approved the sale subject to One Rail Australia's coal-haulage business in New South Wales and Queensland being divested. Aurizon's purchase of One Rail Australia's assets not subject to divestiture occurred in July 2022. Divestiture of the remaining assets occurred on sale to Magnetic Rail Group on 17 February 2023.
The company in 2023 was Australia's largest rail-based transport business, transporting more than 250 million tonnes (246 million long tons) of commodities per year.
The QR National brand was established in the 2004-05 financial year when Queensland Rail's coal, bulk and containerised business units were brought under one banner.[citation needed]
The company's major traffic at the time was coal, both for export and domestic power generation, in Queensland. In 2005, QR National started to operate export coal services in the New South Wales Hunter Valley. By 2008, its operations extended across the entire mainland other than the Northern Territory when their first Melbourne–Perth intermodal container service started. In August 2008, QR National took over the operation of Melbourne–Horsham container service for Wimmera Container Line, after Pacific National withdrew its service.
In 2009, the Queensland Government announced that Queensland Rail's commercial activities were to be separated from the government's core passenger service responsibilities, formed into a new company named QR National Limited, and privatised. The new company was incorporated the following year, taking:
QR National obtained a 99-year lease over the 2300 kilometres (1400 miles) Queensland coal network, comprising: