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Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

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Share Price: 2,111.00
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Anglo American expects to reopen Moranbah North coal mine in May

Fri, 07th May 2021 08:32

MELBOURNE, May 7 (Reuters) - Anglo American expects
to resume operations at its Moranbah North coal mine in
Australia in May after safety inspections and work on restoring
systems began on Friday.

Operations at the mine, which produces coking coal used in
steelmaking, were suspended in February after a coal heating
issue that led to elevated gas readings underground.

"It is expected that operations will restart during May,"
Anglo American's metallurgical coal CEO Tyler Mitchelson said in
a statement.

Re-entry to the mine had been delayed because water had to
be pumped out to restore undergound ventilation.

"This has now been addressed and our team can continue
taking steps to get Moranbah North back up and running,"
Mitchelson said.

(Reporting by Sonali Paul
Editing by David Goodman)

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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