Only one ship has left (about 18,700 tonnes) or has been listed from the Gladstone Port to carry coal from Felix Resources 100% owned Yarrabee coal mine.
MD Mr Brian Flannery had mentioned that Felix may shift production to thermal coal and the Minerva coal mine appears to be making up for the Yarrabee decline.
Yarrabee sold 1.7 million tonnes of coal last year and was expected to sell around 1.8 million tonnes of mostly highly profitable PCI coal.
The Yarrabee mine was due to go over to producing 100% PCI coal from June 2009 when a new wash plant would be up and running.
There have been no announcements about the Yarrabee mine as concern grows.
FLX Price at posting:
$7.39 Sentiment: None Disclosure: Held
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