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IMC guidance dropped 5%

AN EXTENDED longwall move and the impact of industrial action at Appin has led South32 to drop production guidance for its Illawarra Metallurgical Coal business by 5%.

Noel Dyson
An extended longwall move and industrial unrest at Appin has hurt IMC's output.

An extended longwall move and industrial unrest at Appin has hurt IMC's output.

South32 had given production guidance for IMC of 7.4 million tonnes for 2022-23. That has been dropped to 7Mt. The company did manage to finalise industrial agreements at Appin. During the September...

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