ޱĵ
Search: News Price
Home |  Register |  Price Index  |  Publication |  Consultancy |  Data |  Events |  Enquiry |  Language
Jun.20.2021 1USD=6.4361RMB
  SteelHome >>>>Market Info>>International Dynamics
 
BHP Announces 2020 Q4 Coal Production Report

http://en.steelhome.cn [SteelHome] 2021-03-30 17:15:05

share to social network site

Metallurgical coal C Metallurgical coal production decreased by five per cent to 19 Mt (34 Mt on a 100 per cent basis). Guidance for the 2021 financial year remains unchanged at between 40 and 44 Mt (71 and 77 Mt on a 100 per cent basis) with a stronger second half performance projected in line with our plans. Volumes are expected to be at the lower half of the guidance range following significant wet weather impacts during the December 2020 quarter. We continue to monitor for any potential impacts on volumes from restrictions on coal imports into China.

At Queensland Coal, volumes were lower as a result of planned wash plant maintenance at Saraji and Caval Ridge and significant wet weather impacts from La Niña across most operations. South Walker Creek production decreased largely due to higher strip ratios and lower yields. Poitrel was also impacted by lower yields during the period.

Energy coal C Energy coal production decreased by 30 per cent to 8 Mt. Following a strike at Cerrejn, guidance for the 2021 financial year has been reduced to between 21 and 23 Mt from between 22 and 24 Mt.

NSWEC production decreased by seven per cent to 6.9 Mt. This decrease reflects significant weather impacts and higher strip ratios, as well as lower volumes due to an increased proportion of washed coal in response to reduced port capacity, following damage to a shiploader at the Newcastle port in November 2020, and widening price quality differentials. Guidance for the 2021 financial year remains unchanged at between 15 and 17 Mt.

Cerrejn production decreased by 68 per cent to 1.4 Mt due to a 91-day strike that started on 31 August 2020. During the period, Cerrejn successfully completed negotiations with Sintracarbn and signed a new Collective Labor Agreement, effective from 1 July 2020 to 31 December 2023. Operations restarted in the first week of December 2020 and are continuing to ramp up. The impact of the strike was 1.5 Mt. Guidance for the 2021 financial year has been reduced to approximately 6 Mt from 7 Mt.

Table 1: Coal Production

 

Dec Q20

Dec Q20 vs Dec Q19

Metallurgical coal (kt)

9,522

(13%)

Energy coal (kt)

3,576

(41%)

Table 2: Coal Production Summary

Production(kt)

BHP interest

Quarter ended

Year to date

Dec 2019

Mar 2019

Jun 2020

Sep 2020

Dec 2020

Dec 2020

Dec 2019

Coal

Metallurgical coal

Production (kt) (1)

BMA

50%

8,723

6,869

9,078

7,365

7,539

14,904

15,628

BHP Mitsui Coal (2)

80%

2,201

2,353

2,536

2,325

1,983

4,308

4,654

Total

10,924

9,222

11,614

9,690

9,522

19,212

20,282,

Energy coal

Production (kt)

Australia

100%

3,763

3,810

4,887

3,624

3,229

6,853

7,355

Colombia

33.30%

2,315

1,978

767

1,038

347

1,385

4,370

Total

6,078

5,788

5,654

4,662

3,576

8,238

11,725

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 2019

Mar 2020

Jun 2020

Sep 2020

Dec 2020

Dec 2020

Dec 2019

Queensland Coal

Production (1)

BMA

Blackwater

1,734

1,063

1,703

1,184

1,737

2,921

2,779

Goonyella

2,662

1,963

2,651

2,312

2,152

4,464

4,151

Peak Downs

1,386

1,339

1,635

1,487

1,213

2,700

2,809

Saraji

1,325

1,025

1,399

817

1,043

1,860

2,539

Daunia

579

447

588

490

464

954

1,135

Caval Ridge

1,037

1,032

1,102

1,075

930

2,005

2,215

Total BMA

8,723

6,869

9,078

7,365

7,539

14,904

15,628

Total BMA (100%)

17,446

13,738

18,156

14,730

15,078

29,808

31,256

BHP Mitsui Coal (2)

South Walker Creek

1,196

1,577

1,264

1,238

1,118

2,356

2,574

Poitrel

1,005

776

1,272

1,087

865

1,952

2,080

Total BHP Mitsui Coal

2,201

2,353

2,536

2,325

1,983

4,308

4,654

Total Queensland Coal

10,924

9,222

11,614

9,690

9,522

19,212

20,282

Total Queensland Coal (100%)

19,647

16,091

20,692

17,055

17,061

34,116

35,910

Sales

BMA

Coking coal

7,179

6,417

7,547

6,187

6,531

1,275

13,737

Weak coking coal

971

644

1,040

977

936

1,913

1,605

Thermal coal

30

224

183

58

3

61

124

Total BMA

8,180

7,285

8,770

7,222

7,470

14,692

15,466

Total BMA (100%)

16,360

14,570

17,540

14,444

14,940

29,384

30,932

BHP Mitsui Coal

Coking coal

596

677

778

671

604

1,275

1,337

Weak coking coal

1,504

1,691

1,756

1,545

1,518

3,063

3,336

Total BHP Mitsui Coal

2,100

2,358

2,534

2,216

21,22

4,338

4,673

Total Queensland Coal

10,280

9,643

11,304

9,438

9,592

19,030

20,139

Total Queensland Coal (100%)

18,460

16,928

20,074

16,660

17,062

33,722

35,605

NSW Energy Coal, Australia

Production

3,763

3,810

4,887

3,624

3,229

6,853

7,355

Sales

Export thermal coal

3,952

3,403

4,871

3,168

3,940

7,108

7,027

Inland thermal coal

-

-

-

-

-

-

567

Total

3,952

3,403

4,871

3,168

3,940

7,108

7,594

Cerrejn, Colombia

Production

2,315

1,978

767

1,038

347

1,385

4,370

Sales thermal coal - export

2,261

2,028

1,143

994

370

1364

4,330

Source from the official website of BHP

Related News
ϺͨŹB2-20040629
Copyright© 2004-. SteelHome.cn. All Rights Reserved
Shanghai SteelHome Information Technology Co.,  Ltd    Tel: +86) 021-50585733, 50585358    Fax: 021-50585277