Brief: Bowen Coking Coal Posts Qtrly Run-Of-Mine Coal Production Of 596Kt

Bowen Coking Coal

24/07/2023 11:03

July 24 (Reuters) - Bowen Coking Coal Ltd  BCB.AX :
    * QTRLY RUN-OF-MINE COAL PRODUCTION OF 596KT WAS UP 27.3%
    * QTRLY SALES OF PRODUCED COAL WAS 15% HIGHER AT 364KT
    * QTRLY TOTAL SALEABLE COAL PRODUCTION WAS UP 85%
    * STRATEGIC REVIEW COMMENCED ON BLUFF MINE, TO BE COMPLETED
IN
NEXT QUARTER
    * DURING QUARTER AVERAGED INVOICED COAL SALES PRICE OF
US$156.22/T
    * FIRST COAL FOR ELLENSFIELD SOUTH REMAINS ON TRACK TO BE
DELIVERED LATE IN Q3 OF 2023
    * ANNUAL ROM PRODUCTION GUIDANCE FOR BLUFF REVISED TO
0.6-0.9MTPA
FOR  FY2024
    * FOR BLUFF MINE, LOWER THAN EXPECTED ROM PRODUCTION LIKELY
TO
CONTINUE IN TO SEPT QUARTER
    * BROADMEADOW EAST MINE WILL CONTINUE AT TEMPORARY
PRODUCTION RAMP
CAPACITY OF 1.5MT-1.7MTPA
    * PRODUCTION FOR ELLENSFIELD SOUTH PLANNED TO RAMP UP TO
STEADY
STATE OF 2.0-2.4MTPA BY Q2 2024
    * BROADMEADOW EAST MINE'S SHIPPING IS FORECAST TO BE OVER
430KT IN
THE NEXT QUARTER

Source text for Eikon:  ID:nASX5F9J0b 
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