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Australia’s South32 says quarterly coking coal production up about 16%

Time:Fri, 22 Jan 2021 09:26:48 +0800

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Diversified miner South32 Ltd S32.AX on Thursday reported an about 16% rise in second-quarter metallurgical coal output, helped by a return to the longwall form of mining at its flagship Illawarra project.

Production of the steel-making ingredient rose to 1.4 million tonnes in the December quarter, compared with 1.2 million tonnes a year earlier.

The figure beat a UBS forecast of about 1.3 million tonnes.

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