LOWER production volumes and the more challenging mining conditions at Centennial Coal’s Mandalong longwall mine in New South Wales caused Banpu’s gross profit margins to plunge from 36% in the June quarter to 20% in the September quarter.
Underground at Centennial Coal's Mandalong mine in NSW.
The average cost of sales increased to $81.05 per tonne. Coal sale volumes reached 3.31 million tonnes for the September quarter, which was 12% down quarter-on-quarter due to a longwall changeover...
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