ANGLO American Metallurgical Coal's underlying half-yearly earnings increased 23% to US$1.1 billion due to a 17% increase in production and a marginal improvement in the metallurgical coal realised price.
Production from Anglo American's Moranbah North mine surged in the first half of FY2019.
Hard coking coal volumes accounted for 87% of metallurgical coal sales volumes, which is up 89% on the previous corresponding period. US dollar unit costs increased 3% to $66/tonne compared to $64/t...
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