Anglo waits for more favourable conditions to start Moranbah South

28th November 2014 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Diversified miner Anglo American confirmed on Friday that the timing for the Moranbah South joint venture coal project would be adjusted to “suit more favourable market conditions”.

A spokesperson for the company told Mining Weekly Online that Anglo American had no specific timeframe in mind for the development of Moranbah South project, despite reports stating that the project had gained federal development approval.

The Moranbah South underground project, in the Bowen basin of Queensland, is jointly held by Anglo American and Exxaro Australia. Once commissioned, the mine is expected to produce 12-million tonnes a year of metallurgical coal from two longwalls.