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BHPB announces production update for thermal coal
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Wednesday, 18 Jul 2012
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Mining giant BHP Billiton Ltd has announced its production results for April to June 2012 quarter for energy coal

April - June 2012 quarter - 18.484 million tonne up by 7% QoQ
YTD - 71.111 million tonnes up by 2% YoY

It said “Volumes were higher than all comparable periods with annual and quarterly production records achieved at two of BHP Billiton’s export orientated operations, Cerrejon Coal (Colombia) and New South Wales Energy Coal (Australia). Longwall mining activity resumed at San Juan Coal (USA) during the June 2012 quarter.”

It added “The RX1 Project at New South Wales Energy Coal delivered first production during the June 2012 quarter, significantly ahead of schedule. This project capitalises on strong demand for high ash coal in our key growth markets.”

Source - SRI

(www.coalguru.com)





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