COMPANY ACTIVITY

Appin problems take their toll on South32 production

PRODUCTION problems from South32’s Illawarra Metallurgical Coal operation Appin have cruelled the company’s results, more than halving the company’s revenue compared to the previous corresponding period.

Lou Caruana
Appin problems take their toll on South32 production

Illawarra Metallurgical Coal’s revenue for the first half of  FY2018 was US$243 million, $258 million lower than the previous corresponding period. The company reported a loss of $84 million for the...

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