27
Jan
12:34
South32 foresees increased coking coal output, costs rise
South32 expects higher labour productivity to result in higher coking coal production at Illawarra in the second half of the fiscal year through June 2023, Kallanish notes.
Productivity increased at the Appin mine in the December quarter after the signing of the Enterprise Agreement, although this was partly offset by a temporary outage.
Operating unit costs at Illawara are estimated to be 7.5% above current guidance, at $116/tonne, with a weaker Australian dolla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous