https://www.miningweekly.com

Whitehaven output hits record on Maules Creek ramp-up

14th April 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Coal miner Whitehaven Coal has reported another quarter of record run-of-mine (RoM) production, defying market sentiment.

The ASX-listed miner on Thursday reported that RoM coal production for the three months to March had increased to 5.6-million tonnes, from 4.7-million tonnes reported in the previous corresponding period.

Coal production increased on the back of the Maules Creek mine, in New South Wales, ramping up to produce two-million tonnes RoM coal during the quarter.

During the next two to three years, the mine would be ramped up to a RoM output of 13-million tonnes a year, with the mine expected to reach a ramp-up stage of 10.5-million tonnes by January next year.

Meanwhile, coal sales for the quarter were also up by 48% on the previous corresponding period, to 5.5-million tonnes, which was also a record for Whitehaven.

The miner told shareholders that sales of semi-soft coking coal from the Maules Creek mine exceeded expectations with a number of trial cargoes to new steelmakers. The quality of the coal was also attracting strong interest from northern Asian buyers, the company said.

Looking ahead, Whitehaven stated that it was on track to reach its saleable coal production guidance of between 19.5-million tonnes and 20.1-million tonnes in 2016.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.045 0.673s - 110pq - 2rq
Subscribe Now