INTERNATIONAL COAL NEWS

Mixed results for Rio Tinto’s 3Q coal ops

IN its third quarter production report, Rio Tinto reported coal production from Australian and In...

Staff Reporter

Attributable production from Rio Tinto’s 75.7% owned subsidiary, Coal & Allied was 7% lower than the third quarter of 2002 and 4% lower than the second quarter of this year reflecting alignment of production with market demand the company said.

Coal & Allied mines in NSW produced a total 6.147Mt from mines that include Bengalla (Rio Tinto 30%); Hunter Valley Operations (76%); Mount Thorley Operations (61%); and Warkworth (42%), all in New South Wales.

Pacific Coal in Queensland produced 6.248Mt from Blair Athol Coal (71.2%), Hail Creek Coal (92%), Kestrel Coal (80%) and Tarong Coal (100%). The Kestrel longwall production in the first nine months of 2003 was lower than production in the equivalent period of 2002, due to a longwall changeover in the third quarter of 2003.

Hail Creek production contributed to a 17% increase in production for Pacific Coal as well as increased domestic sales from Tarong.

The 50% owned Kaltim Prima Coal mine in Indonesia produced 3.422Mt during the period.

Production from US mines was 8% above the third quarter of 2002, for a total 28.459Mt. This included production from the mines operated by Kennecott Energy and Coal Company in the US: Antelope (Rio Tinto 100%); Colowyo in Colorado, where Kennecott Energy has a partnership interest and full management responsibility; Cordero Rojo (100%); Decker (50%); Jacobs Ranch (100%) and Spring Creek (100%).

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