Coal developer Aston Resources Ltd. (AZT.AU) will be able to export an additional 7.1 million metric tons of coal from Newcastle Port after signing an agreement with a shipper using the port's NCIG coal terminal, the company said Thursday.

Aston will have the 7.1 million tons capacity from July 2013 to the end of June 2016, the company said.

Newcastle in New South Wales state is the world's biggest coal export harbor by volume, accounting for more than 100 million tons a year of mainly thermal coal exports.

"The successful negotiation of this agreement...provides the majority of the port capacity required by Aston until 2015," said Chief Executive Todd Hannigan in a statement.

Aston plans to mine an average of 10.8 million metric tons a year from its Maules Creek project, in the Gunnedah Basin north of the Hunter Valley coal basin.

-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com

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