Booming coking coal prices have saved the quoted Australian conglomerate Wesfarmers - owner of the 8.6mt/yr Curragh coking/thermal mine in Queensland - from a nasty profit fall in the latest June year. Despite production and logistics problems, Curragh lifted its earnings by more than 210 percent an a 22,2 percent sales increase to 8.6mt, with 2.6mt of thermal product and the balance of 6.0mt comprising 50 percent hard coking coal, 20 percent PCI and 30 percent semi-soft product. But Wesfarmers did not reveal actual numbers for Curragh, indicating only that its coal division boosted overall earnings 130.0 percent from 251.2 million Australia dollars (185.9 million dollars) to 577.8 million Australia dollars in the year on a 70.8 percent revenue lift from 763.8 million Australia dollars to 1.30 billion Australia dollars.
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