Wesfarmers have stated that the Curragh coal mine will be back to normal production soon.
The open cut mine was hit by the heavy floods which devastated Queensland earlier this year, cutting output at the pit however Wesfarmers CEO Richard Goyder said it will be back to normal capacity, according to The Australian.
“Subject to any other weather events, we’ll be back to normal in the short term,” Goyder said.
The Queensland floods drove up demand for coking coal, with Goyder stating “demand for metallurgical coal has never been higher than it is now.”
Despite Japan being the main customer for the diversified conglomerate, Wesfarmers does not expect the recent earthquake and tsunami devastation to curb its export.
The majority of our Japanese customers are still producing steel, he said.
“We’re seeing across-the-board very strong demand for metallurgical coal at the moment, including from Japan.”
The Curragh mine recorded an output of 2.4 tonnes of coal in the fourth quarter of 2010.
It carries out mining on the Aries, Castor, Pollux and Pisces seams in Queensland’s Bowen Basin.
View Operating Mines in Australia (2010) in a larger map