Whitehaven Coal production drops on longwall move
Published by Jonathan Rowland,
Editor
World Coal,
Whitehaven Coal has announced a decrease in quarter-on-quarter growth as a result of a planned longwall move at the company’s Narrabri mine. Total coal sales for Q1 were 2.285 million t, 5% lower than the last year. Export sales comprised 395 000 t of metallurgical coal and 1.837 million to of thermal coal.
Coal pricing
During the quarter, the benchmark Newcastle thermal coal industry (GlobalCOAL NEWC Index) averaged US$ 78.05/t, a 7% drop from the previous quarter. Relative to this, Whitehave achieved an average price for all of its export thermal coal of US$ 75.2/t.
The company achieved an average price for its metallurgical products of US$ 100.8/t but expects this to drop to US$ 93/t for Q2 2014.
Adapted from press release by Jonathan Rowland
Read the article online at: https://www.worldcoal.com/coal/29042014/whitehaven_coal_production_drops_on_longwall_move_coal776/
You might also like
Innovating sanitation: New technologies transforming mining camp health
Mining sites are full of health and cleanliness hazards, which require camps to take more advanced precautions to preserve their workforce. From constructed wetlands to AI, plenty of disruptive technologies are changing the landscape.
