UNDERGROUND

Illawarra Metallurgical Coal back in the black

ILLAWARRA Metallurgical Coal, a subsidiary of South32, has increased underlying earnings by US$421 (A$622) million in FY19 to $359 million as stronger sales volumes and lower labour costs kicked in and reversed a previous loss.

 The Appin longwall in NSW.

The Appin longwall in NSW.

The company, which owns the Appin and Dendrobium collieries in New South Wales, almost doubled its revenue to $1.1 billion for the year. A weaker Australian and lower electricity costs also helped widen...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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