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Sugar Terminals Limited (NSX:SUG) Chief Executive Officer David Quinn said this was an important milestone in delivering the new bulk commodity conveyor facility at the Port, which will provide competitive and efficient loading facilities for a wide range of bulk minerals and agricultural products.
The comes as Deloitte finalises administration negotiations. $66.6M is owed to many unsecured trade suppliers and subcontractors.
Sugar Terminals Limited (NSX:SUG) (STL) owns and operates six bulk commodity terminals in Queensland and plays a vital role in Australia's sugar market, handling over 90% of the raw sugar produced in Australia each year.
Two experienced businesses have been confirmed as the major contractors to build the Common User Infrastructure at the Port of Bundaberg, which will support the development of new export-focused industries in the region.
Pilbara Ports Authority delivered a total monthly throughput of 59.9 million tonnes for November 2021, a 4 per cent increase compared to the same period in 2020.