COVID-19

South32 longwalls power on despite COVID-19

Production and sales volumes from Australian operations largely unaffected to date by COVID-19.

Production at South32's Illawarra Metallurgical Coal mines have not been affected by COVID-19 restrictions..

Production at South32's Illawarra Metallurgical Coal mines have not been affected by COVID-19 restrictions..

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The company said at a conference that production volumes from the longwalls had not been impacted to date because of COVID-19 restrictions.

"Production and sales volumes from Australian operations largely unaffected to date by COVID-19 restrictions or measures," it said.

"With continued strong longwall performance we have commenced a review to optimise production, sustaining capital and operating costs to maximise long-term value."

Illawarra Metallurgical Coal's FY2020 operating unit cost guidance remains largely unchanged at US$92 per tonne compared to previously $93/t for FY2019.

Weaker Australian dollar and lower price-linked royalties will be partially offset by additional mining costs.

South32 restarted the three longwall configuration in April.

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