Australia's competition watchdog said Thursday it will allow five miners to bargain collectively for access to export coal from the proposed Dudgeon Point terminal in Queensland state.

The Australian Competition and Consumer Commission's decision is an interim move, and means Carabella Resources Ltd. (CLR.AU), Macarthur Coal Ltd. (MCC.AU), Middlemount Coal Pty Ltd, New Hope Corp. (NHC.AU) and Peabody Energy Corp. (BTU) cannot sign contracts with the developer of Dudgeon Point until a final assessment is made.

Dudgeon Point is located in the major coal-export port of Hay Point, around 1,000 kilometers north of Queensland's state capital Brisbane.

-By David Winning, Dow Jones Newswires; +61-2-82724688; david.winning@dowjones.com

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