UNDERGROUND

HVO and Hail Creek kick in for Glencore

Coking coal production of 2.6Mt was 1Mt or 63% higher than Q1 2018.

Glencore's Hail Creek mine in Queensland.

Glencore's Hail Creek mine in Queensland.

Total coal production of 33.2 million tonnes was 2.5Mt or 8% higher than Q1 2018. 

 

Thermal coal production of 17.7Mt was in line with Q1 2018, reflecting the offsetting impacts of the 2018 acquisitions and a longwall move at Ulan West in Q1 2019 and closure of South Blakefield in mid-2018.

 

Glencore wound down its Australian domestic thermal coal production by 25% to 1.8Mt in the quarter, compared to a 5% increase in quarterly export production to 14.9Mt.

 

Coking coal production of 2.6Mt was 1Mt or 63% higher than Q1 2018, mainly reflecting the acquisition of the Hail Creek mine.

 

Sequentially against the more comparable Q4 2018, production was up 500,000t, reflecting a stronger performance at the Oaky Creek mine complex in Queensland.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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