The Surat Basin Railis a 214km rail corridor that will link Wandoan to Banana through the Surat Basin in Queensland. Often referred to as the ‘Southern Missing Link’ it will complete the transport link between Toowoomba and Gladstone.

The railway will unlockapproximately 6 billion tonnes of thermal coal reserves in the Surat Basin, allowing its transportation to the proposed Wiggins island Coal Export Terminal (WICET) at the port of Gladstone.

ATEC has a 33.3% equity interest in the project, as equal partners with QR National and Xstrata Coal.

The Joint Venture is progressing to financial close by 2012 with the estimated date of completion by the end of 2014.

Further information can be obtained at www.suratbasinrail.com.au