CLERMONT-- FEATURE ARTICLE – DECEMBER 2019

摘要

Clermont is the most profitable thermal coal operation in Queensland, producing up to 13Mtpa of mid-energy, low ash product for sale to the export market. Majority-owned by Mitsubishi, Glencore and Sumitomo, Clermont targets one thick seam at a strip ratio of around 3:1, resulting in a significant mining cost advantage over other producers in the region. On a global scale, however, high transportation costs due to a pit-to-port distance of 278km result in the mine placing in the third quartile of the cost curve. Due to the low ash content, ROM coal mined at Clermont requires minimal washing prior to delivery to customers. The in-pit crusher conveyor, however, is a point of vulnerability; its inconsistent reliability has impacted mine productivity in the past. In December 2018, Mitsubishi Corporation has entered into an agreement with Glencore and Sumitomo to sell its interest of Clermont and Ulan for A$750m(US$538m).