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MELBOURNE -(Dow Jones)- QR Nationwide Ltd. (QRN.AU) will proceed to work with BHP Billiton Ltd. (BHP) regardless of options by the mining giant to create a competing rail line in coal-rich Queensland state, the rail operator's chief executive mentioned Monday. Lance Hockridge said the plans of its most significant coal customer make "absolute feeling" but are at an early stage and it would be some time just before a new rail operation could be introduced. "We do not anticipate to do almost everything in this infrastructure space in Queensland...We feel in competition," Hockridge told analysts during a briefing following the release of the Brisbane-based company's complete-year benefits. BHP, which like rivals like Rio Tinto PLC (RIO) built committed rail programs in iron ore-prosperous Western Australia, has submitted an original software to build a rail network from its Queensland coal mines to the coast. "There are synergies by much more carefully coupling rail, mine and port," Marius Kloppers, chief executive of the Melbourne-based mostly mining business, said final week. "That is not a reflection on the operators or the entrepreneurs of the active parts of that chain, but I believe we would really considerably say that our capability to engineer far better outcomes and much more proactive selections is less complicated in Western Australia where there is one get together that wants to get the decision all around port, rail and mine." QR Nationwide, privatized by the Queensland government previous year and detailed on the Australian exchange in November, is Australia's largest rail freight business by tons hauled. It operates and manages some two,300 kilometers of rail infrastructure in Queensland under a 99-yr lease with the state. Hockridge mentioned QR Nationwide has the gain about possible rivals of assets in spot and the capacity to continue increasing its capacity. Purchase totally free Yearly Report for BHP Billiton plc Visit http://bit.ly/pSOD0s or contact +44 ()208 391 6028 Purchase no cost Annual Report for Rio Tinto PLC Pay a visit to http://bit.ly/qUF1Yt or get in touch with +44 ()208 391 6028Copyright &duplicate 2011 Dow Jones Newswires