Australian Wesfarmers’ Apr-Jun thermal coal output rises 22% y-o-y

Australian coal miner Wesfarmers’ thermal coal production totaled 1.97 million mt in the April-June quarter, up 22% year on year and 20% from the January-March quarter, the company said Tuesday in its quarterly results. Production for the whole financial year that ended on June 30 was up 9% year on year at 7.24 million mt, it added. Despite Tropical Cyclone Debbie, which made landfall in late March, affecting production at the Curragh mine in Queensland, Wesfarmers’ overall thermal coal production showed a significant rise, it pointed out. The mine produced 1.02 million mt of thermal coal in the April-June quarter, … Continue reading Australian Wesfarmers’ Apr-Jun thermal coal output rises 22% y-o-y