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Queensland Scraps Plan For Abbot Point Coal Terminal Expansion -Report

SYDNEY -(Dow Jones)- The Queensland state government has scrapped plans for a $9 billion Australian dollar (US$8.85 billion) expansion of the Abbot Point coal terminal, the Australian Financial Review reported Saturday. The project was going to be privately funded, but partners such as Rio Tinto PLC (RIO, RIO.LN) had pulled out, according to the report. The state's infrastructure minister denied the decision was a sign the resources boom was slowing, in spite of the fact that commodity prices have been under pressure and mining giants have said they're reconsidering spending plans. Instead, the minister said funding constraints and environmental regulations got in the way of the terminal's expansion, according to the report. -By Cynthia Koons, Dow Jones Newswires; +61 2 8272 4691; cynthia.koons@dowjones.com

Stock News for Companhia Vale (RIO)
DateTimeHeadline
11/21/201412:30:09EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic-policy...
11/21/201412:17:30LONDON MARKETS: Miners Lead FTSE 100 To Two-month High After...
11/21/201411:24:49EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic...
11/21/201408:50:03LONDON MARKETS: London Miners Rally After China's Central Bank...
11/21/201407:24:13EUROPE MARKETS: European Stocks Rally After China Rate Cut, ECB...
11/20/201412:26:52LONDON MARKETS: Miners, British Gas Parent Pull FTSE 100 Lower
11/20/201412:18:25EUROPE MARKETS: European Stocks End Lower On Disappointing PMI...
11/20/201406:25:07EUROPE MARKETS: European Stocks, Euro Fall On Disappointing PMI...
11/20/201405:47:08EUROPE MARKETS: European Stocks, Euro Fall As On Disappointing...
11/20/201404:36:31LONDON MARKETS: Centrica Falls In London After Warning; Miners...
11/20/201402:47:48BHP Vows to Focus on Investor Returns -- Update
11/19/201413:18:02European Shares Broadly Unchanged -- 3rd Update
11/19/201412:28:33EUROPE MARKETS: European Mining Shares Struggle On Drop In Iron-ore...
11/19/201412:21:25LONDON MARKETS: Royal Mail, Pub Stocks Sink In London Trade;...
11/19/201405:07:12From Iron Awe to Iron Gore -- Barron's Asia
11/14/201412:29:06EUROPE MARKETS: European Stocks Slip; Eurozone Data Highlight...
11/14/201411:02:22LONDON MARKETS: Tesco Gains After Upgrade, But Miners Fall In...
11/14/201407:50:41EUROPE MARKETS: Oil Stocks Fall In Europe; Eurozone Data Highlight...
11/11/201412:30:01LONDON MARKETS: Vodafone Surges In London; Miners Sag
11/11/201411:04:05LONDON MARKETS: FTSE 100 Off High As Miners Suffer, But Vodafone...

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