State-owned Queensland Rail has secured a A$2 billion contract to haul coal for Anglo-Swiss miner Xstrata PLC. (XTA.LN), the Queensland state government said Thursday.

Queensland Rail, whose coal haulage and freight operations are being privatized by the state government, will provide services to Xstrata's Newlands, Collinsville, Oaky Creek and Rolleston mines, the government said in a statement.

The new contracts will being in 2010 and 2011.

The government plans to list the Queensland Rail businesses on the Australian Stock Exchange by the end of 2010.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; ross.kelly@dowjones.com
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