South
Africa Energy Coal saleable
production decreased by 6% (or 418kt) to 6.3Mt in the September 2019
quarter following elevated production in the prior quarter, with lower
equipment availability at Klipspruit and preparation for the upcoming wet
season impacting volumes. Domestic sales benefitted from additional
volumes of a lower quality stockpiled product that had been directed to
the seaborne market in the prior quarter. Export sales declined by 37% as
the lower production volumes, planned rail network maintenance and weather
related port congestion at Richards Bay Coal Terminal resulted in a build
in inventories. We have settled the insurance claim for the incident that
led to an extended outage of the Klipspruit dragline during FY19,
receiving US$98M as full and final payment from our insurers during the
September 2019 quarter.
Illawarra
Metallurgical Coal saleable
production increased by 30% (or 477kt) to 2.1Mt in the September 2019
quarter following the successful completion of two longwall moves in the
June 2019 quarter. The Dendrobium and Appin longwalls continue to perform
strongly with an increase in the use of longwall automation. FY20
production guidance remains unchanged at 7.0Mt with longwall moves
scheduled during the December 2019 and March 2020 quarters. Achieving
improved development rates at Appin to support the operation’s return to
a three longwall configuration from the June 2020 quarter remains a focus.
T1 Production Summary
South32 share
|
YTD FY19
|
YTD FY20
|
YoY
|
1Q19
|
4Q19
|
1Q20
|
QoQ
|
Energy coal production (kt)
|
6,560
|
6,723
|
2%
|
6,560
|
7,037
|
6,723
|
(4%)
|
Metallurgical coal production (kt)
|
1,515
|
1,651
|
9%
|
1,515
|
1,278
|
1,651
|
29%
|
T2 Production Guidance
South32 share
|
FY19
|
3M YTD FY20
|
FY20e
|
South Africa
Energy Coal
|
|
|
|
Energy coal production (kt)
|
24,979
|
6,292
|
26,000 - 28,000
|
Domestic coal production (kt)
|
14,978
|
3,629
|
15,300 - 16,100
|
Export coal production (kt)
|
10,001
|
2,663
|
10,700 - 11,900
|
Illawarra
Metallurgical Coal
|
|
|
|
Total coal
production (kt)
|
6,647
|
2,082
|
7,000
|
Metallurgical coal production
(kt)
|
5,350
|
1,651
|
5,800
|
Energy coal production (kt)
|
1,297
|
431
|
1,200
|
T3 South Africa Energy
Coal (100%)
South32
share
|
YTD
FY19
|
YTD
FY 20
|
YoY
|
1Q19
|
4Q19
|
1Q20
|
1Q20
vs
1Q19
|
1Q20
vs
4Q19
|
Energy coal production (kt)
|
6,170
|
6,292
|
2%
|
6,170
|
6,710
|
6,292
|
2%
|
-6%
|
Domestic sales (kt)
|
4,103
|
3,726
|
-9%
|
4,103
|
3,336
|
3,726
|
-9%
|
12%
|
Export sales (kt)
|
1,923
|
1,977
|
3%
|
1,923
|
3,122
|
1,977
|
3%
|
-37%
|
T4 Illawarra
Metallurgical Coal (100%)
South32 share
|
YTD FY19
|
YTD FY 20
|
YoY
|
1Q19
|
4Q19
|
1Q20
|
1Q20
vs
1Q19
|
1Q20
vs
4Q19
|
Total coal production (kt)
|
1,905
|
2,082
|
9%
|
1,905
|
1,605
|
2,082
|
9%
|
30%
|
Total coal sales (kt)
|
1,504
|
1,848
|
23%
|
1,504
|
1,516
|
1,848
|
23%
|
22%
|
Metallurgical coal production
(kt)
|
1,515
|
1,651
|
9%
|
1,515
|
1,278
|
1,651
|
9%
|
29%
|
Metallurgical coal sales (kt)
|
1,178
|
1,482
|
26%
|
1,178
|
1,261
|
1,482
|
26%
|
18%
|
Energy coal production (kt)
|
390
|
431
|
11%
|
390
|
327
|
431
|
11%
|
32%
|
Energy coal sales (kt)
|
326
|
366
|
12%
|
326
|
255
|
366
|
12%
|
44%
|
Related
Link: Official
Document
|
|