COAL miner Banpu’s Centennial operations have been the laggards in its stable of energy producers with the Thai company’s Indonesian operations reporting much higher margins in 2021.
Geological problems at Centennial's Mandalong mine in NSW were one cause of Banpu's lower production in Australia.
Banpu's gross margins in Australia for the year were 7% compared to the 57% reported by the Indonesian operations. The Australian coal business reported annual sales volumes of 9.82 million short tons,...
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