27 April 2017
Quarterly Statement of Production, Development and Exploration CURRAGH ProductionOverburden removal for the quarter ended 31 March 2017 was 2.1 per cent higher than the previous quarter, driven by improved performance of the overburden removal fleet.
Coal production for the quarter was 3,155,000 tonnes, 1.5 per cent lower than the previous quarter. Metallurgical coal production of 2,268,000 tonnes was in line with the previous quarter and steaming coal production of 887,000 tonnes was 4.7 per cent lower than the previous quarter. For the 12 months to
31 March 2017, metallurgical coal production increased by 11.2 per cent to 8,326,000 tonnes and steaming coal production increased by 10.8 per cent to 3,612,000 tonnes.
Production and sales volumes for the fourth quarter ended 30 June 2017 are expected to be affected by the impacts of Cyclone Debbie on mine and rail operations. As a result, export metallurgical coal sales volumes for the 2017 financial year are expected to be at the lower end of the previously guided range of
8.0 to 8.5 million tonnes, subject to production, rail availability and shipping.
DevelopmentThere was no significant development activity during the quarter.
ExplorationThere was no significant exploration activity during the quarter.
BENGALLA ProductionWesfarmers' share of coal production for the quarter was 764,000 tonnes, 15.3 per cent below the previous quarter as the operations progressed through a less productive area of the mine sequence. For the
12 months to 31 March 2017, Wesfarmers' share of coal production decreased by 1.3 per cent to 3,264,000 tonnes.
DevelopmentThere was no significant development activity during the quarter.
ExplorationThere was no significant exploration activity during the quarter.
For further information: Media InvestorsAlan Carpenter Aleksandra Spaseska
Executive General Manager, Corporate Affairs General Manager, Investor Relations
+61 8 9327 4267 or +61 438 903 674 +61 8 9327 4416 or +61 488 911 678
ac arpent er@ wes f arm ers .com .au as pas es k a @wes f arm ers .com .au
ATTRIBUTABLE PRODUCTION Quarterly Production Quarter ended ('000 tonnes) Change Mine Ownership Equity Interest Coal Type Mar 16 Dec 16 Mar 17 3Q17 v 3Q16 3Q17 v 2Q17Curragh | Wesfarmers Curragh Pty Ltd | 100% | Metallurgical Steaming | 1,191 646 | 2,272 931 | 2,268 | 90.4% | (0.2)% |
887 | 37.3% | (4.7)% | ||||||
Bengalla | Wesfarmers Bengalla Limited | 40% | Steaming | 918 | 902 | 764 | (16.8)% | (15.3)% |
Equity | Yr to Mar 17 v | ||||||
Mine | Ownership | Interest | Coal Type | Mar 15 | Mar 16 | Mar 17 | Yr to Mar 16 |
Curragh | Wesfarmers Curragh Pty Ltd | 100% | Metallurgical Steaming | 9,163 3,293 | 7,486 3,259 | 8,326 3,612 | 11.2% 10.8% |
Bengalla | Wesfarmers Bengalla Limited | 40% | Steaming | 3,412 | 3,308 | 3,264 | (1.3)% |
Wesfarmers Ltd. published this content on 27 April 2017 and is solely responsible for the information contained herein.
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