Vale’s coal production drops y/y in 1Q15

Total coal output in 1Q15 for Brazilian mining major, Vale, was 1.7 million t, 26.6% and 5.1% lower than in 4Q14 and 1Q14, respectively This is reported to be due to the stoppage of the Integra Coal and Isaac Plains mines and an abnormal rainy season in Moatize, which prevented access to certain sections of the mine and subsequently affecting coal quality.

Carborough Downs output achieved 541 000 t in 1Q15, in line with 4Q14, and was 468 000 t higher than in 1Q14 after recovering from a longwall move and roof fall in the beginning of 2014.

In 2Q14, the Integra Coal mine was placed in care and maintenance, which resulted in the suspension of its longwall activity. The open cut production continued throughout 3Q14 in a reduced capacity until coal production ceased.

In 3Q14, the Isaac Plains mine was also placed in care and maintenance. The open cut production continued throughout 4Q14, until coal production ceased.

Written by Harleigh Hobbs.

Read the article online at: https://www.worldcoal.com/mining/23042015/vale-coal-production-decreases-1q15-2204/