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BHP says committed to Australia coal-port reform

Published: 01 Sep 2009 18:47:46 PST

PERTH, Sept 2 - Miner BHP Billiton Ltd <BHP.AX> <BLT.L>, major shareholder of the Newcastle Coal Industry Group, said on Wednesday it remained committed to long-term reforms designed to ease congestion at Australia's Newcastle coal port.

BHP said in an e-mailed statement that it was in talks with the New South Wales state government to resolve a number of "critical issues" surrounding proposals that were put forward as part of a long-term solution to manage the port's capacity.

Australia's competition regulator on Tuesday withdrew anti-trust immunity for the current queue management system after BHP missed an Aug. 31 deadline to agree the long-term proposals. [ID:nSYD519196]


Source: Reuters

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