QR National scores $400M Alcoa contract

Company News

QR National Limited (ASX:QRN) has scored a contract extension from Alcoa (ASX:AAI, NYSE:AA) that is expected to contribute more than $400 million in revenue over the next decade.

The rail operator has inked the 10-year contract extension with Alcoa to haul bauxite, alumina and refinery outputs in Western Australia.

QR National says its long-term contract with Alcoa is a key to ongoing success in the South West region of WA.

QR National posted a net profit of $349.5 million in the 2011 financial year.


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