In its latest quarterly report, Australian miner South32 noted exceptional improvement from its longwall mining units at its Illawarra Metallurgical Coal, which allowed it to exceed prior-production guidance. Coal production during the last two quarters totals 3.84 million metric tons (mt) compared to 4.24 million tons for fiscal year 2018. The company is expecting 6.5 million mt for fiscal year 2019 with two longwall moves scheduled for the March 2019 quarter.
read more

Share