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The deal, which begins in 2014, involves QR National transporting an extra three million tonnes of coal a year from the Bowen Basin site to the Wiggins Island coal export terminal.
It also extends an existing arrangement for half a million tonnes of coal a year to be transported by QR National trains to the RG Tanna coal terminal at Gladstone.
Cockatoo said the expanded contract would help reduce costs.
"This completes the infrastructure solution for the planned expansion of the company's Baralaba Complex in the Bowen Basin," Cockatoo said in a statement on Tuesday.
Cockatoo is aiming for 50 per cent growth in production at Baralaba by 2013.
Shares in Cockatoo were half a cent higher at 17.5 cents at 1138 AEST.
This article first appeared on finance.ninemsn.com.au
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