Highlights
OPERATIONS
Scheduled
maintenance at Curragh and suspension of thermal coal production at Logan
(Toney Fork) resulted in lower ROM and saleable production
ROM
production of 7.5 Mt, down 15.7% on June 2019 quarter
Saleable
production of 5.2 Mt, down 2.9% on June 2019 quarter
Buchanan
ROM of 1.9 Mt up 4.5% and saleable production of 1.2 Mt in line with the
June 2019 quarter.
Safety
performance in Australia and the US continued to outperform national
industry averages
Awarded
a 6-year contract to Thiess for mining services at Curragh’s northern
operations
COAL
SALES
Sales
volumes of 4.9Mt, down 8.7% on the June 2019 quarter, consistent with
reduced production due to scheduled mine and rail maintenance at Curragh
and higher inventories at Buchanan
Metallurgical
coal as a proportion of saleable production was 83.7% for the September
quarter, 2.2% lower compared to the June 2019 quarter.
Export
sales of 75%, down 3% compared to the prior quarter
Group
realised metallurgical coal price of $125.9 per tonne. Average for all
grades with a mix of FOR and FOB pricing, down 8.6% compared to the June
quarter
Production
and Sales
Quarterly
Production and Sales Performance (Unaudited)
Summary
Information
|
|
Sep
Q19
|
Jun
Q19
|
Change
|
Sep19
YTD
|
Sep18
YTD
|
Change
|
ROM Production
|
Mt
|
7.5
|
8.9
|
-15.70%
|
24.2
|
23.3
|
4.10%
|
Curragh
|
Mt
|
3.8
|
4.9
|
-22.10%
|
12.7
|
11.7
|
8.40%
|
Buchanan
|
Mt
|
1.9
|
1.8
|
4.50%
|
5.5
|
5.4
|
2.50%
|
Logan
|
Mt
|
1.6
|
1.9
|
-14.00%
|
5.3
|
5.4
|
-1.40%
|
Greenbrier
|
Mt
|
0.2
|
0.3
|
-19.30%
|
0.8
|
0.9
|
-10.90%
|
Saleable
Production
|
Mt
|
5.2
|
5.4
|
-2.90%
|
15.7
|
14.9
|
4.90%
|
Curragh
|
Mt
|
3.1
|
3.2
|
-2.40%
|
9.4
|
9.1
|
3.90%
|
Buchanan
|
Mt
|
1.2
|
1.2
|
-
%
|
3.6
|
3.5
|
2.50%
|
Logan
|
Mt
|
0.7
|
0.8
|
-10.30%
|
2.2
|
2.1
|
2.90%
|
Greenbrier
|
Mt
|
0.2
|
0.2
|
-
%
|
0.5
|
0.5
|
-1.40%
|
%
Met coal
|
%
|
83.70%
|
85.60%
|
-2.20%
|
84.90%
|
82.60%
|
2.80%
|
Sales
Volumes
|
Mt
|
4.8
|
5.4
|
-11.10%
|
15.3
|
15.6
|
-1.00%
|
Curragh
|
Mt
|
3.1
|
3.3
|
-6.20%
|
9.5
|
9.5
|
0.50%
|
Buchanan
|
Mt
|
1
|
1.2
|
-19.70%
|
3.4
|
3.6
|
-5.80%
|
Logan
|
Mt
|
0.6
|
0.7
|
-3.60%
|
2
|
2
|
-2.40%
|
Greenbrier
|
Mt
|
0.1
|
0.1
|
8.80%
|
0.4
|
0.5
|
-28.40%
|
Sales
Mix
|
|
|
|
Met
Coal
|
%
|
79.00%
|
80.00%
|
-0.10%
|
80.00%
|
80.00%
|
-
%
|
Thermal
Coal
|
%
|
21.00%
|
20.00%
|
0.20%
|
20.00%
|
20.00%
|
-
%
|
Export
Sales
|
%
|
75%
|
77.80%
|
-4.10%
|
76%
|
72%
|
5.40%
|
Domestic
Sales
|
%
|
25%
|
22.20%
|
14.40%
|
24%
|
28%
|
-13.90%
|
AU
– Realised Met price (FOB)
|
US$/t
|
136.8
|
151.4
|
-9.70%
|
147.2
|
153.6
|
-4.10%
|
Index
Price
|
US$/t
|
161.5
|
203.2
|
-20.50%
|
189.7
|
202.3
|
-6.20%
|
%
of Index
|
%
|
84.70%
|
74.50%
|
13.70%
|
77.60%
|
75.90%
|
-2.20%
|
US
– Realised Met price (FOR)
|
US$/t
|
109.9
|
118.8
|
-7.60%
|
114.8
|
107.2
|
7.10%
|
%
of Index
|
%
|
68.00%
|
58.50%
|
16.20%
|
60.50%
|
51.80%
|
-6.20%
|
Group
- Realised Met price
|
US$/t
|
125.9
|
137.8
|
-8.60%
|
133.8
|
132.4
|
1.00%
|
%
of Index
|
%
|
78.00%
|
67.80%
|
15.00%
|
70.50%
|
65.50%
|
7.70%
|
Related Link: Official Document
|