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Rail disruption to cost Incitec Pivot $7 million per week


Australia-based Incitec Pivot Ltd. said that a flood-related closure of the rail line between Townsville and Phosphate Hill will cost the chemicals company $10 million Australia ($7 million) per week, SBS News reported. Incitec said that its Phosphate Hill plant is undamaged and will continue operations until it runs out of storage and materials.

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