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) |