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Wednesday, February 2, 2011

Gladstone Port: coal stocks over 50% normal volume

Wed, 1 Feb 2011,
PERTH Feb2 (Reuters) - Australia's Gladstone Port Corp said on Wednesday that its stockpiles have increased to just over 1 million tonnes of coal as it recovers from the flooding that disrupted coal supplies, little more than half the 2 million tonnes it normally holds.
The port, which is outside the warning area for Cyclone Yasi and does not expect to be affected by the storm, expects to ship about 500,000 tonnes of coal this week, the company said in a statement.
(Reporting by Rebekah Kebede; editing by James Regan, sourced:reuters)

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