The final stage of the Newcastle Coal Infrastructure Group (NCIG) coal terminal in the Port of Newcastle was officially opened on September 20th 2013 by New South Wales Premier, Barry O’Farrell. [toggle] Mr O’Farrell praised the initiative and focus of NCIG and its shareholders on the successful delivery of the multi-billion dollar infrastructure project.
John Clarke, managing director of ICG said “As cornerstone investors in NCIG, Diversified Infrastructure Trust and Energy Infrastructure Trust are extremely pleased that a project of this magnitude has been delivered ahead of time and also under budget. Just two Lost Time injuries in over 8 million hours worked have been recorded to date. This outstanding result is testament to NCIG management and the thousands of people who have worked on the project.”
The terminal is now ramping up to its approved export capacity of 66 million tonnes per year. [/toggle]