ILLAWARRA Metallurgical Coal, a South32 subsidiary, has reported a full year loss of US$62 million for the FY2018 as problems at its Appin colliery in New South Wales dogged production levels at the mine.
South32's Appin longwall in NSW.
The company's revenue for the year almost halved to $686 million. One-off costs associated with the company's Appin restart plan came to $23 million. This, combined with the $525 million lost...
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