15th Jan 2009 07:00
Coal & Allied
MEDIA RELEASE
15 January 2009
Production Report for the quarter ended 31 December 2008
|
|
CNA |
4Q |
1Q |
2Q |
3Q |
4Q |
12 months |
12 months |
|
'000 tonnes (100% basis) |
interest |
2007 |
2008 |
2008 |
2008 |
2008 |
2007 |
2008 |
|
|
|
|
||||||
|
Hunter Valley Operations |
100% |
|
|
|
||||
|
Thermal coal production |
2,046 |
2,143 |
1,830 |
1,645 |
2,268 |
8,264 |
7,886 |
|
|
Semi-soft coking coal production |
657 |
683 |
1,078 |
629 |
475 |
1,830 |
2,865 |
|
|
2,703 |
2,826 |
2,908 |
2,274 |
2,744 |
10,094 |
10,752 |
||
|
Bengalla Mine |
40% |
|||||||
|
Thermal coal production |
1,376 |
1,053 |
1,607 |
1,296 |
1,402 |
5,155 |
5,357 |
|
|
Mount Thorley Operations (a) |
80% |
|||||||
|
Thermal coal production |
731 |
382 |
428 |
918 |
53 |
1,929 |
1,780 |
|
|
Semi-soft coking coal production |
302 |
332 |
41 |
287 |
508 |
995 |
1,168 |
|
|
1,033 |
714 |
469 |
1,205 |
561 |
2,924 |
2,948 |
||
|
Warkworth Mine (a) |
55.6% |
|||||||
|
Thermal coal production |
1,197 |
1,522 |
1,507 |
964 |
1,658 |
5,376 |
5,652 |
|
|
Semi-soft coking coal production |
0 |
1 |
46 |
215 |
125 |
400 |
386 |
|
|
1,197 |
1,523 |
1,553 |
1,179 |
1,783 |
5,776 |
6,038 |
||
|
Total Mount Thorley Warkworth |
2,230 |
2,237 |
2,022 |
2,384 |
2,344 |
8,700 |
8,986 |
|
|
Total coal production |
6,310 |
6,114 |
6,537 |
5,954 |
6,490 |
23,949 |
25,095 |
|
|
Total sales (b) |
6,908 |
6,050 |
6,233 |
6,196 |
6,605 |
25,522 |
25,084 |
|
|
Coal & Allied share |
||||||||
|
Coal production |
4,746 |
4,664 |
4,788 |
4,413 |
4,745 |
17,706 |
18,610 |
|
|
Coal sales ('000 tonnes) |
5,087 |
4,571 |
4,660 |
4,625 |
4,810 |
18,933 |
18,666 |
|
Production can be sourced from either mining lease and is allocated over the year based on the tonnage commitment ratio contractually agreed between the Mount Thorley and Warkworth joint ventures.
Sales relate only to coal mined by the operations and exclude traded coal.
Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the full year figures.
Production
Coal & Allied's share of saleable coal production for the quarter was 4.7mt, eight per cent higher than the September quarter this year and in line with the corresponding quarter last year. During the quarter, Hunter Valley Operations production increased 21 per cent as the coal preparation plant ramped up following its third quarter maintenance shutdown. Bengalla's coal production was eight per cent higher than the September quarter, mainly as a result of coal seam sequencing. Mount Thorley Warkworth's production was two per cent down on the third quarter, largely impacted by coal seam presentation resulting in a higher stripping ratio.
Overall, the proportion of semi soft coking coal production was two per cent lower than the previous quarter, however it was 16 per cent higher than the corresponding quarter in 2007. This is consistent with Coal & Allied's aim to maximise the return of the current semi soft contracts.
Sales
Coal & Allied's share of coal sales in the fourth quarter was four per cent higher than the previous quarter and in line with allocated port capacity.
Other
There was no exploration activity during the quarter.
For further information contact:
Media Enquiries:
Alison Smith
(07) 3361 4223 / 0438 787 038
Investor Enquiries:
Dave Skinner
03 9283 3628 / 0408 335 309
www.coalandallied.com.au
Related Shares:
Rio Tinto