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Maintenance and inventory draw-downs weigh on Illawarra Met Coal result

CONTINUED strong longwall performance at South32’s Appin mine in New South Wales, a weaker Australian dollar and lower price-linked royalties were not enough to prevent the company’s Illawarra Metallurgical Coal subsidiary reporting higher operating unit costs in H1 FY2020.

Lou Caruana
Illawarra Metallurgical Coal's Appin longwall mine in NSW.

Illawarra Metallurgical Coal's Appin longwall mine in NSW.

Extra planned maintenance and development activity and run-of-mine inventory draw-down in support of a longwall move were the major contributors to a 5% increases in unit costs in H1 FY2020 to US$91 per...

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