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Anglo American managed record coal production at CQ mines

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THE driving rains that inundated one of its major rail links earlier in this year dampened but failed to drown the fortunes of Anglo American which still managed record coal production at its Moranbah and Foxleigh mines in Central Queensland.

According to its quarterly results released on Friday afternoon, Anglo broke records in coal production for the first three months of 2013, increasing 23% to 4.6 million tonnes.

The aftermath of tropical cyclone Oswald caused flooding and damage to its Moura coal line, knocking it out of action for 43 days.

That rail line moves its metal-making coal from Anglo's southern mines to the Port of Gladstone.

Open-cut thermal or energy coal mines at Dawson and Callide were the worst affected but even this was not enough to cancel out its production gains elsewhere.

The massive $1.7.billion Grosvenor coal project being built near Moranbah has also begun construction in this latest quarter to March, with road works and earthmoving now under way.

The mine is expected to create about 1000 jobs for the region and export 5 million tonnes of metallurgical coal a year for 30 years.

Grosvenor will begin mining from 2016.

Topics:  anglo american central queensland mines


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