Australia's Aurizon Holdings jumps on revised coal network access plan

Aurizon Holdings

22/12/2025 02:39

** Shares of Australia's Aurizon Holdings AZJ.AX rise as much as 2% to A$3.59, its highest level since December 15

** Rail freight operator says it has proposed revised access undertaking for rail access through Central Queensland Coal Network (CQCN) to be lodged with Queensland Competition Authority (QCA) today

** Co says amended agreement will apply from 1 July 2027 to 30 June 2037

** Adds, amended agreement delivers uplift in revenue compared to previous agreement

** Central Queensland Coal Network (CQCN) is Australia's largest coal rail network spanning 2,670 km, managed by co connecting over 50 coal mines in Queensland - co's website

** Stock up 9.7% YTD, including session's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))