A balancing act
Despite low costs of production, it is Indonesian producers that are doing much of the leg work to rebalance the seaborne thermal coal market.
Despite low costs of production, it is Indonesian producers that are doing much of the leg work to rebalance the seaborne thermal coal market.
Anglo American reports increases in export metallurgical coal production in Australia, yet thermal coal production was relatively flat. Higher production at Cerrejón helped offset lower production from South Africa.
South32 reports a small rise in Illawarra metallurgical coal production and a slight decline in South Africa thermal coal production for the September 2015 quarter.