12 Sep Aurizon Access Agreement
The approval of the access obligation by the CAQ meant that the weighted average cost of capital (WACC) earned by Aurizon increased from 5.7% to 5.9% in May 2019. PERTH (miningweekly.com) – The Queensland Competition Authority (QCA) has approved freight service provider Aurozin`s revised plan to change the Queensland Coal Network (CQCN) access obligation. The new agreement will require an independent expert to assess the capacity of Aurizon`s rail network and identify gaps. The Aurizon Network Standard Rail Agreement establishes standard conditions for the connection of private infrastructure to the Central Queensland Coal Network. The revised UT5 access agreement was presented to the CAQ last May, following a pioneering agreement between Aurizon and coal miners. .