Metallurgical coal
–
Metallurgical coal production was down two per cent to 20 Mt (36 Mt on a
100 per cent basis). Guidance for the 2020 financial year remains
unchanged at between 41 and 45 Mt (73 and 79 Mt on a 100 per cent
basis), with a stronger second half performance expected in line with
plans.
At Queensland Coal, strong underlying operational performance at Poitrel,
Peak Downs, Caval Ridge and Broadmeadow was offset by planned major wash
plant shutdowns at Goonyella, Peak Downs and Caval Ridge, low opening
raw coal inventories at Blackwater, and truck and shovel
underperformance at South Walker Creek.
Energy coal
–
Energy coal production decreased by 12 per cent to 12 Mt. Guidance for
the 2020 financial year remains unchanged at between 24 and 26 Mt.
New South Wales Energy Coal production decreased by 11 per cent to 7 Mt
as a result of the change in product strategy to focus on higher quality
products. Smoke from regional bushfires and dust have reduced air
quality at our operations, which has impacted December 2019 production.
We are monitoring the situation and if air quality continues to
deteriorate then operations could be constrained further in the second
half of the year. Guidance for the 2020 financial year remains unchanged
at between 15 and 17 Mt.
Cerrejón production decreased by 13 per cent to 4 Mt as a result of a
focus on higher quality products, in line with the mine plan, and the
impact of adverse weather in the September 2019 quarter. Guidance for
the 2020 financial year remains unchanged at approximately 9 Mt.
Table 1: Coal Production
|
Dec Q19 |
Dec Q19 vs Dec Q18 |
Dec Q19 vs Sep Q19 |
Metallurgical coal(kt) |
10,924 |
6% |
17% |
Energy coal(kt) |
6,078 |
-9% |
8% |
Table 2: Coal Production Summary
Production(kt) |
BHP interest |
Quarter ended |
Year to date |
Dec 2018 |
Mar 2019 |
Jun 2019 |
Sep 2019 |
Dec 2019 |
Dec 2019 |
Dec 2018 |
Coal
|
Metallurgical coal
|
Production (kt) (1)
|
BMA |
50% |
7,694 |
7,608 |
9,090 |
6,905 |
8,723 |
15,628 |
15,438 |
BHP Mitsui Coal (2) |
80% |
2,578 |
2,269 |
2,804 |
2,453 |
2,201 |
4,654 |
5,192 |
Total |
|
10,272 |
9,877 |
11,894 |
9,358 |
10,924 |
20,282 |
20,630 |
Energy coal
|
Production (kt)
|
Australia |
100% |
4,311 |
4,552 |
5,412 |
3,592 |
3,763 |
7,355 |
8,293 |
Colombia |
33.30% |
2,356 |
2,199 |
2,017 |
2,055 |
2,315 |
4,370 |
5,014 |
Total |
|
6,667 |
6,751 |
7,429 |
5,647 |
6,078 |
11,725 |
13,307 |
Note: (1) Metallurgical coal production is reported on the basis of
saleable product. Production figures include some thermal coal.
(2) Shown on a 100% basis. BHP interest in saleable production is 80%.
Table 3: Coal Production and Sales
Production (kt) |
Quarter ended |
Year to date |
Dec 2018 |
Mar 2019 |
Jun 2019 |
Dec
2019 |
Dec
2019
|
Dec 2019
|
Dec
2018 |
Queensland Coal
|
Production (1)
|
BMA
|
Blackwater |
1,680 |
1,484 |
1,735 |
1,045 |
1,734 |
2,779 |
3,384 |
Goonyella |
1,813 |
2,141 |
2,620 |
1,489 |
2,662 |
4,151 |
3,802 |
Peak Downs |
1,685 |
1,468 |
1,649 |
1,423 |
1,386 |
2,809 |
2,816 |
Saraji |
1,288 |
1,250 |
1,243 |
1,214 |
1,325 |
2,539 |
2,399 |
Daunia |
419 |
470 |
669 |
556 |
579 |
1,135 |
1,039 |
Caval Ridge |
809 |
795 |
1,174 |
1,178 |
1,037 |
2,215 |
1,998 |
Total BMA |
7,694 |
7,608 |
9,090 |
6,905 |
8,723 |
15,628 |
15,438 |
Total BMA (100%) |
15,388 |
15,216 |
18,180 |
13,810 |
17,446 |
31,256 |
30,876 |
|
BHP Mitsui Coal (2)
|
South Walker Creek |
1,636 |
1,429 |
1,624 |
1,378 |
1,196 |
2,574 |
3,141 |
Poitrel |
942 |
840 |
1,180 |
1,075 |
1,005 |
2,080 |
2,051 |
Total BHP Mitsui Coal |
2,578 |
2,269 |
2,804 |
2,453 |
2,201 |
4,654 |
5,192 |
Total Queensland Coal |
10,272 |
9,877 |
11,894 |
9,358 |
10,924 |
20,282 |
20,630 |
Total Queensland Coal (100%) |
17,966 |
17,485 |
20,984 |
16,263 |
19,647 |
35,910 |
36,068 |
Sales
|
Coking coal |
7,514 |
7,221 |
7,932 |
7,299 |
7,775 |
15,074 |
14,870 |
Weak coking coal |
3,058 |
3,282 |
2,942 |
2,466 |
2,475 |
4,941 |
5,871 |
Thermal coal |
157 |
379 |
350 |
94 |
30 |
124 |
298 |
Total |
10,729 |
10,882 |
11,224 |
9,859 |
10,280 |
20,139 |
21,039 |
Total (100%) |
18,818 |
19,176 |
19,789 |
17,145 |
18,459 |
35,604 |
36,920 |
|
NSW Energy Coal, Australia
|
Production
|
4,311 |
4,552 |
5,412 |
3,592 |
3,763 |
7,355 |
8,293 |
Sales
|
|
|
|
|
|
|
|
Export thermal coal |
4,809 |
3,529 |
5,181 |
3,075 |
3,952 |
7,027 |
8,358 |
Inland thermal coal |
393 |
302 |
975 |
567 |
- |
567 |
725 |
Total |
5,202 |
3,831 |
6,156 |
3,642 |
3,952 |
7,594 |
9,083 |
|
Cerrejón, Colombia
|
Production
|
2,356 |
2,199 |
2,017 |
2,055 |
2,315 |
4,370 |
5,014 |
Sales thermal coal - export
|
2,297 |
2,200 |
2,245 |
2,069 |
2,261 |
4,330 |
4,886 |
Note: (1) Production figures include some thermal coal. (2) Shown on a
100% basis. BHP interest in saleable production is 80%.
Related Link:
Official Document |
(To contact the reporter on this story: myron.liu@steelhome.cn or 86-21-50582062) |