|
Metallurgical
Coal-Export
metallurgical coal production increased by 22% to 6.6 million tonnes due
to improvements in wash plant throughput and equipment productivity as
well as the timing of longwall moves, with a move at Moranbah in Q3 2018.
No significant impact on production is expected from longwall moves in the
fourth quarter. In the third quarter, the ratio of hard coking coal
production to PCI/semi-soft coking coal was 85:15.
Thermal
Coal South Africa-Export
thermal coal production decreased by 15% to 4.3 million tonnes, with
planned decreases in production as certain sections near their end of
life.
Thermal
Coal Colombia-Attributable export
thermal coal production from Cerrejón decreased by 23% to 2.1 million
tonnes due to weather related impacts (dust management and rain) and weak
market conditions.
Full
Year Guidance
Production guidance
for metallurgical coal is unchanged at 22-24 million tonnes. Production
guidance for export thermal coal is tightened to ~26 million tonnes
(previously 26-28 million tonnes) due to lower than expected production
from Cerrejón.
Table 1: Coal Production Overview
|
Coal(000 t)
|
Q3 2019
|
Q3 2018
|
Q3 2019 vs. Q3 2018
|
Q2 2019
|
Q3 2019 vs.Q2 2019
|
YTD 2019
|
YTD 2018
|
YTD 2019 vs. YTD 2018
|
|
Metallurgical Coal (Australia)
|
6,569
|
5,382
|
22
%
|
5,844
|
12 %
|
16,569
|
16,183
|
2 %
|
|
Export Thermal Coal (Australia)
|
438
|
455
|
(4)%
|
245
|
79 %
|
1,022
|
954
|
7 %
|
|
Export Thermal Coal (South
Africa)
|
4,288
|
5,054
|
(15)%
|
4,575
|
(6)%
|
13,280
|
13,822
|
(4)%
|
|
Export Thermal Coal (Colombia)
|
2,055
|
2,658
|
(23)%
|
2,017
|
2 %
|
6,271
|
7,863
|
(20)%
|
|
Domestic
Thermal Coal (South Africa)
|
2,621
|
2,650
|
(1)%
|
2,624
|
0 %
|
7,535
|
10,400
|
(28)%
|
Related
Link: Official
Document
|
(To contact the reporter on this story: crystal.lin@steelhome.cn or 86-555-2238927) |
