CCC 0.00% 0.1¢ continental coal limited

i want to be a teenager ie 10c +, page-7

  1. 1,482 Posts.
    The production/supply of Metallurgical coal is apparently what is most affected?

    The Surat Basin in southern Queensland contains more
    than 4 billion tonnes of proven thermal coal resources in
    the Walloon Coal Measures and equivalents.

    These resources are amenable to open-cut mining but are largely undeveloped.

    The Galilee Basin, which is located to the west of the
    Bowen Basin in central Queensland, contains large
    resources of a range of thermal coals.

    in 2006/2007 Japan continued to rate as the largest importer of Queensland coals. It imported 57.72 Mt, comprising
    38.56 Mt of metallurgical coal and 19.16 Mt of thermal
    coal.

    Thermal coal exports for the same period marginally
    increased from 42.82 Mt in 2005?06 to 42.83 Mt.

    During 2006?07, a total of 54 mines (39 open-cut and 15
    underground) contributed to the State?s coal production.
    All of the underground mines operating at the end of
    2006?07 were located in the Bowen Basin. Most of these
    underground mines produce mainly coking coal products
    for export.

    While the Bowen Basin is by far the most important
    source of coal in Queensland, the Surat Basin has
    large resources of potentially open-cut thermal coal.

    The Callide, Clarence-Moreton and Tarong Basins are
    also important sources of thermal coal for domestic power
    generation.

    Japan imported 19.16 Mt of thermal coal.

    Korea imported 7.94 Mt of thermal coal.

    India imported 0.37 Mt of thermal coal.

    Europe imported 2.88 Mt of thermal coal.

    All up Thermal coal exports for the period 05-06 marginally
    increased from 42.82 Mt in 2005?06 to 42.83 Mt.

    A list of mines is provided in this document:

    Ref:

    http://www.dme.qld.gov.au/zone_files/coal_files_pdf/wcc_nov_07.pdf

    One would assume these figures above may be higher now?

    Apparently there are 40 mines affected by the floods, not sure how many of those are producing thermal coal?

    But no doubt, some thermal coal producers would be affected and would have to terminate contracts with buyers that will have to look else where to places like i.e. South Africa possibly?

    The thermal coal supply is shipped through Dalrymple
    Bay Coal Terminal which will run out of coal by the weekend.

    Cheers
 
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