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Aurizon Holdings Limited (ASX:AZJ)

ALERT: Price-sensitive ASX Announcement for AZJ
Current share price for AZJ : $3.835 -0.325 (-7.81%)+
Announcement
Release
17 Aug 2026 8:18AM
Price at Release
$4.160
Full Release
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Summary
Aurizon Holdings Limited (ASX: AZJ) announced the securing of a significant long-term coal haulage contract with the BHP Mitsubishi Alliance (BMA) for operations in Queensland. Effective from July 2028, this contract replaces an earlier agreement from 2015 and includes provisions for transporting up to 37 million tonnes of coal annually with a potential 12-year duration, extending to 2040. Aurizon's consistent and reliable service delivery played a key role in winning this contract in a competitive environment. This contract continues Aurizon's long-standing relationship with BMA and reinforces its critical role in Australia's mining sector.
Key Points
  • Aurizon Holdings Limited has secured a new long-term performance-based contract with BMA, the BHP Mitsubishi Alliance, for the rail haulage of coal in Queensland.
  • The contract covers BMA's metallurgical coal mines in the Bowen Basin, including Goonyella Riverside, Broadmeadow, Peak Downs, Saraji, and Caval Ridge.
  • The contract is effective from 1 July 2028, with provisions for annual volume flexibility up to 37 million tonnes per annum.
  • The duration of the contract is up to 12 years, subject to performance and extension arrangements, potentially extending to 2040.
  • This new agreement replaces Aurizon's existing contract from 2015 with BMA.
  • Aurizon's Managing Director and CEO, Andrew Harding, emphasized the importance of their valued partnership with BMA and the role Aurizon plays in Australia's mining sector.
  • Aurizon has recontracted more than 60 million tonnes of annual coal haulage since July 2025.
  • The contract was awarded to Aurizon in a competitive environment, highlighting their reliable service delivery and long-standing relationship with BMA.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.