Cockatoo Coal Limited

Cockatoo Coal Limited (Cockatoo) (ASX: COK) is a rapidly growing Australian metallurgical coal producer, operating a ultra low-volatile PCI mine in central Queensland. Cockatoo intends to expand operations in Baralaba to 3.5 Mtpa of product coal, up from current approvals of 1 Mtpa. Cockatoo is also advancing emerging coal projects in Queensland, possessing a significant portfolio of pipeline development opportunities in the Bowen, Galilee and Surat Basins. 

 

Highlights for June 2015 Quarter

  • Aggressive cost reduction program in response to falls in the benchmark PCI price
  • Completed opening of the new Outrigger pit
  • Strong productivity and efficiency gains achieved
  • Construction of the new train load out facility and balloon loop > 75% complete
  • A company record for 365 days Recordable Injury Free
  • Baralaba Expansion Prescribed Project declaration granted 2 year extension

 

Mining Operations

Baralaba Complex June Quarter 2015 Previous Quarter
ROM Coal production (tonnes) 182,871 131,487
Overburden Removed (bcm) 3,158,198 2,679,373
Coal stocks at Quarter end (tonnes) 271,715 164,542
Total coal sales (tonnes) 75,274 139,038