Floods in Australia’s Queensland state are set to disrupt the rail delivery of zinc exports to the northern port of Townsville, with the line likely to be out of action for at least a month, analysts said on Wednesday.
The 1 000 km (620 mile) rail line is used by miners including Glencore, MMG Ltd and South32 to carry zinc and lead concentrate from the Mt Isa region, with at least one miner eyeing more expensive trucking.