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Australia floods cause “catastrophic” damage

Reuters: Australia's record floods are causing catastrophic damage to infrastructure in the state of Queensland and have forced 75 percent of its coal mines, which fuel Asia's steel mills, to grind to a halt, Queensland's premier said on Wednesday. The worst flooding in decades has affected an area the size of Germany and France, leaving towns virtual islands in a muddy inland sea, devastated crops, cut major rail and road links to coal ports, slashed exports and forced up world coal prices. "Seventy-five...

Australian floods submerge towns, coal exports hit

Reuters: Military aircraft ferried supplies to an Australian town slowly sinking beneath swollen rivers on Monday, as record flooding in the country's northeast severed roads and ports, curtailing coal exports and devastating farmland. Floods submerged the Capricorn Highway, the major traffic artery through Queensland state, and poured into homes in the sinking town of Rockhampton, sending furniture and refrigerators cascading down torrents of floodwater. Rockhampton, a community of 77,000 just off the...

Record floods swamp Australia’s northeast

Reuters: Large parts of Australia's coastal northeast disappeared under floodwaters on Sunday in a spreading disaster that has brought some of the highest floods on record and forced thousands from their homes. Queensland State Treasurer Andrew Fraser described the floods as a "disaster of biblical proportions" and said the ultimate cost would exceed A$1 billion ($980 million). As forecasters predicted months of more rain, hundreds of residents in the town of Rockhampton, 600 km (370 miles) north of the...