|
Production overview
Production totaled 2.9Mt
in 2Q18, 18.1% higher than 1Q18 and 5.5% lower than 2Q17, as the adverse
conditions in the mine site in 1Q18 were only overcome during the first
part of 2Q18, preventing a faster recovery in the quarter. The lower
production vs. 2Q17 was mainly due to the difference in the coal seams fed
to the plants.
In 2Q18 new trucks and
excavators were received and are being assembled to support the increase
in production volume in 2H18.
Production of
metallurgical coal was 1.6 Mt, 11.3% higher than 1Q18 and 23.9% lower than
2Q17. Thermal coal production was 1.3 Mt, 27.3% higher than 1Q18 and 32.9%
higher than 2Q17.
Sales totaled 2.5 Mt, in
line with 1Q18 and 19.6% lower than 2Q17, as the lagged impact of higher
production in 2Q18 will be felt in 3Q18.
T1 Production Summary
|
|
% change
|
|
000’ metric
tons
|
2Q18
|
1Q18
|
2Q17
|
1H18
|
1H17
|
2Q18/1Q18
|
2Q18/2Q17
|
1H18/1H17
|
|
Coal
|
2,871
|
2,432
|
3,037
|
5,303
|
5,471
|
18.10%
|
-5.50%
|
-3.10%
|
T2 Coal Production
|
|
% change
|
|
000’ metric
tons
|
2Q18
|
1Q18
|
2Q17
|
1H18
|
1H17
|
2Q18/1Q18
|
2Q18/2Q17
|
1H18/1H17
|
|
COAL
PRODUCTION
|
2,871
|
2,432
|
3,037
|
5,303
|
5,471
|
18.10%
|
-5.50%
|
-3.10%
|
|
Metallurgical
coal
|
1,559
|
1,401
|
2,049
|
2,959
|
3,681
|
11.30%
|
-23.90%
|
-19.60%
|
|
Thermal coal
|
1,313
|
1,031
|
988
|
2,344
|
1,790
|
27.40%
|
32.90%
|
30,9%
|
|
COAL SALES
|
2,509
|
2,497
|
3,121
|
5,005
|
5,689
|
0.50%
|
-19.60%
|
-12.00%
|
|
Metallurgical
coal
|
1,408
|
1,432
|
2,057
|
2,839
|
3,594
|
-1.70%
|
-31.60%
|
-21.00%
|
|
Thermal coal
|
1,101
|
1,065
|
1,064
|
2,166
|
2,095
|
3.40%
|
3.50%
|
3.40%
|
Related Link: Official
Announcement |
(To contact the reporter on this story: jane.li@steelhome.cn or 86-5552238837) |
