Australian Covid-19 Coal Mine Capacity Cuts |
Company |
Mine |
Capacity (mn t/yr) |
Coal type |
Notes |
AMCI |
Carborough Downs |
3.5 |
coking |
suspended board and pillar mining |
Anglo American |
Dawson |
4 |
coking and thermal |
cut one shovel and excavator |
Anglo American |
Capcoal |
6 |
coking and thermal |
scaled back operations to reflect lower demand |
BHP |
NSWEC |
15-17 |
thermal |
reviewing operations to improve sustainability |
Coronado |
Curragh |
12.6 |
coking |
stopped work on expansion plan |
EMR/Adaro |
Kestrel |
6 |
coking |
cut guidance to 6mn t/yr from 6.7mn t/yr |
Glencore |
All Australian mines |
83 |
thermal and coking |
closed for 2-3 weeks over September-October school holidays |
Glencore |
Glendell |
4.5 |
thermal |
remove two of five excavators and lose 60 workers |
New Hope |
Bengalla |
8 |
thermal |
bought forward dragline maintenance |
Peabody |
Wambo |
2.5 |
thermal |
cutting workforce by a third |
Peabody |
Coppabella and moorvale |
4 |
PCI |
stood down contractors and three excavator and shovel units |
Peabody |
Metropolitan |
1.8 |
coking |
cutting workforce by a third |
South32 |
Illawarra |
6.5 |
coking and thermal |
stood down 250 contractors |
Stanmore Coal |
Isaac Plains |
2.5 |
coking |
delayed term sales and cut guidance |
Terracom |
Blair Athol |
2.5 |
thermal |
reduced guidance for 2020 and 2021 |
Whitehaven |
All mines |
16 |
thermal |
cut guidance and shelved development projects |
Yancoal/Peabody |
Middlemount |
4 |
PCI and coking |
reduced equipment fleet |
Yancoal/Glencore |
HVO |
10 |
thermal |
to close 25 Sept- 17 Oct |
Source: Company reports, industry sources |
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(To contact the reporter on this story: RhettLiu@steelhome.cn or 86-555-2238927 18133440120) |