UNDERGROUND

Longwall moves contributing to 23% IMC production plunge

SOUTH32’s Illawarra Metallurgical Coal business is forecasting a 23% decline in 2023-24 financial year production as four planned longwall moves take their toll on its Appin and Dendrobium operations in New South Wales.

Illawarra Metallurgical Coal's saleable production decreased 33% to 1.1Mt in the September quarter.

Illawarra Metallurgical Coal's saleable production decreased 33% to 1.1Mt in the September quarter.

The company expects FY24 production to come to 5 million tonnes compared to 6.52Mt for the previous corresponding period. "Production volumes are expected to be weighted to the second half of FY24,...

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