South32 quarterly coking coal output up 17.4%

Reuters | July 17, 2019 | 4:22 pm Energy News Australia Coal 
South32 to pay clean-up costs to close South African coal unit sale
Image courtesy of South32

Diversified miner South32 Ltd reported a 17.4% rise in coking coal output in the fourth quarter on Thursday, helped by strong production at its Illawarra project.

Production of the steel-making ingredient, known as metallurgical or coking coal, came in at 1.3 million tonnes in the June quarter, compared with 1.1 million tonnes a year earlier.

The output beat a UBS estimate of 1.2 million tonnes.

(By Devika Syamnath; Editing by Anil D’Silva)

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