MANAGEMENT

Aussie met coal production costs to drop

AUSTRALIA’S average free-on-board cash cost for metallurgical coal should decline 5% in 2019 to US$81 per tonne, according to industry analysts Wood Mackenzie.

Australia's average free-on-board cash cost for metallurgical coal should decline 5% in 2019.

Australia's average free-on-board cash cost for metallurgical coal should decline 5% in 2019.

Australia's cost decline is higher than the global average due to the above average weakening of the Australian dollar against the US dollar, from A$1.34 in 2018 to A$1.39 in 2019.    The Australian...

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