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Anglo American Announces 2019 Q4 Coal Production Report

https://en.steelhome.com [SteelHome] 2020-02-11 17:32:52

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Metallurgical Coal - Export metallurgical coal production increased by 11% to 6.3 million tonnes primarily due to the timing of longwall moves at Grosvenor and Grasstree, as well as improvements in wash plant throughput at Moranbah-Grosvenor and equipment productivity at Dawson.

In the fourth quarter, the ratio of hard coking coal production to PCI/semi-soft coking coal was 81:19 (full year 2019: 83:17).

Thermal Coal South Africa - Export thermal coal production was flat at 4.5 million tonnes.

Thermal Coal Colombia - Attributable export thermal coal production decreased 2% to 2.3 million tonnes in response to weak market conditions.

Full Year Guidance

Metallurgical coal production guidance for 2020 is unchanged at 21-23 million tonnes. This reflects the sale of a 12% interest in the Grosvenor mine that is expected to complete during the year, equalising the ownership across the Moranbah-Grosvenor integrated operations.

Thermal coal production guidance for 2020 is unchanged at circa 26 million tonnes.

Table 1: Coal Production Overview  

Coal(000 t)

Q4 2019

Q4 2018

Q4 2019 vs. Q4 2018

Q3 2019

Q4 2019 vs.Q3 2019

YTD 2019

YTD 2018

YTD 2019 vs. YTD 2018

Metallurgical Coal (Australia)

6,284

5,647

11%

6,569

-4%

22,852

21,830

5%

Export Thermal Coal (Australia)

389

428

-9%

438

-11%

1,411

1,381

2%

Export Thermal Coal (South Africa)

4,515

4,537

0%

4,288

5%

17,796

18,359

-3%

Export Thermal Coal (Colombia)

2,355

2,357

-2%

2,055

13%

8,586

10,220

-16%

Domestic Thermal Coal (South Africa)

2,511

3,293

-24%

2,621

-4%

10,046

13,692

-27%

Related Link: Official Document

(To contact the reporter on this story: myron.liu@steelhome.cn or 86-21-50582062)
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