Rail freight operator Aurizon's coal haulage volumes have remained flat, while iron ore volumes have fallen slightly.
Aurizon hauled 49.4 million tonnes of coal during the three months to March 31, compared to 49.6 million tonnes in the same period a year ago. Iron ore volumes dropped three per cent to six million tonnes.
The company has maintained its recently-trimmed fiscal year guidance for coal volumes to be between 204 million and 209 million tonnes, while iron ore volumes are expected to remain stable.
Aurizon had swung to a $108 million half-year net loss on the back of higher-than-estimated impairments, as mining customers cut back volumes and slash spending amid a proloinged downturn.
Share
