Jan 22 (Reuters) - Australian diversified miner South32 Ltd (S32) posted a near 50% drop in second-quarter metallurgical coal output on Monday, as the Illawarra operation completed two planned longwall moves, including a planned extended outage at the Dendrobium mine.
The Perth-based miner said production of metallurgical coal, used to make steel, fell to 744,000 tonnes in the three months to December, from 1.5 million tonnes (mt) a year earlier.
That compares with Macquarie's estimate of 1.0 mt and Morgan Stanley's estimate of 1.1 mt.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.84 |
Change
-0.080(2.74%) |
Mkt cap ! $12.80B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.91 | $2.82 | $51.91M | 18.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37261 | $2.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 21178 | 4 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| S32 (ASX) Chart |