Mon, January 22, 2018 8:42 am
Anti-coal activists have continued to interrupt coal deliveries and loading for the second week at the Adani-owned Abbot Point Coal Terminal (APCT) in Queensland, Australia. Actions included disruptive protests and blocking roads and railways to stop coal throughput to and out of the port. Activists escalated activities on January 12th and 18th by chaining themselves to loading equipment at the port shutting operations down for several hours on both days. The port’s daily throughput capacity is about 130K MT so the disruptions could incur millions of dollars in financial losses. The protesting efforts were aimed to halt progress on the Adani Carmichael project and connecting rail line, which would open up the Galilee Basin for further coal mining development. Back in September, anti-coal activist groups orchestrated a similar event targeting Abbot Point with an eight-day protest and plans for a series of disruptive activities such as blocking access to the terminal. There were concerns that Dalrymple Bay and Hay Point terminals were also potential targets, which would have added to the delays they were experiencing from their backlog from high demand and maintenance closures at that time. Owners of the Abbot Point terminal stated that they would be ramping up security to deal with the issues and we suspect the Dalrymple Bay and Hay Point terminals are taking similar precautions. Abbot Point has an export capacity of 50 mm MT per year and had an annual throughput of 25.4 mm MT in FY2016-17.