15th Oct 2008 07:00
MEDIA RELEASE
15 October 2008
Production Report for the quarter ended 30 September 2008
|
|
CNA |
3Q |
4Q |
1Q |
2Q |
3Q |
9 months |
9 months |
|
'000 tonnes (100% basis) |
interest |
2007 |
2007 |
2008 |
2008 |
2008 |
2007 |
2008 |
|
Hunter Valley Operations |
100% |
|
|
|
|
|
||
|
Thermal coal production |
1,883 |
2,046 |
2,143 |
1,830 |
1,645 |
6,219 |
5,618 |
|
|
Semi-soft coking coal production |
460 |
657 |
683 |
1,078 |
629 |
1,173 |
2,390 |
|
|
2,343 |
2,703 |
2,826 |
2,908 |
2,274 |
7,392 |
8,008 |
||
|
Bengalla Mine |
40% |
|||||||
|
Thermal coal production |
1,394 |
1,376 |
1,053 |
1,607 |
1,296 |
3,779 |
3,956 |
|
|
Mount Thorley Operations (a) |
80% |
|||||||
|
Thermal coal production |
261 |
731 |
382 |
428 |
918 |
1,198 |
1,727 |
|
|
Semi-soft coking coal production |
393 |
302 |
332 |
41 |
287 |
693 |
660 |
|
|
654 |
1,033 |
714 |
469 |
1,205 |
1,891 |
2,387 |
||
|
Warkworth Mine (a) |
55.6% |
|||||||
|
Thermal coal production |
1,663 |
1,197 |
1,522 |
1,507 |
964 |
4,178 |
3,993 |
|
|
Semi-soft coking coal production |
133 |
0 |
1 |
46 |
215 |
400 |
262 |
|
|
1,796 |
1,197 |
1,523 |
1,553 |
1,179 |
4,578 |
4,255 |
||
|
Total Mount Thorley Warkworth |
2,450 |
2,230 |
2,237 |
2,022 |
2,384 |
6,469 |
6,642 |
|
|
Total coal production |
6,186 |
6,310 |
6,114 |
6,537 |
5,954 |
17,639 |
18,606 |
|
|
Total sales (b) |
6,218 |
6,908 |
6,050 |
6,233 |
6,196 |
18,614 |
18,479 |
|
|
Coal & Allied share |
||||||||
|
Coal production |
4,422 |
4,746 |
4,664 |
4,788 |
4,413 |
12,961 |
13,865 |
|
|
Coal sales ('000 tonnes) |
4,531 |
5,087 |
4,571 |
4,660 |
4,625 |
13,847 |
13,856 |
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 total coal produced in the third quarter was at a similar level to the corresponding period in 2007 and eight per cent lower than the June quarter this year. During the quarter, Hunter Valley Operations was impacted by the annual coal preparation plant maintenance shutdown, higher stripping ratios and its proportion of semi soft coal production was influenced by seam presentation. Bengalla's coal production was lower than the June quarter, mainly as a result of coal seam sequencing.
Overall, the proportion of semi soft coking coal production was in line with the June quarter, however the contribution was from different mines. This is consistent with Coal & Allied's desire to take advantage of the stronger semi soft market.
Sales
Coal sales in the third quarter were two per cent higher than the corresponding quarter in 2007 and in line with second quarter sales and allocated port capacity.
Other
There was no exploration activity during the quarter.
Media Enquiries:
Alison Smith (07) 3361 4223 / 0438 787 038
Investor Enquiries:
Simon Ellinor
(07) 3867 1607 / 0439 102 811
www.coalandallied.com.au
Related Shares:
Rio Tinto