Centennial Coal to Close Two Plants in January for Maintenance

Platts reported that Centennial Coal will close two of its plants in New South Wales temporarily in January for maintenance, which will result in an approximate loss of 1 million mt/year of coal production.

As quoted in the market report:

Centennial chief operating officer, Steve Bracken, said in the statement that the decision to halt production at Airly and Mannering mines had been taken by a combination of factors including low market prices for coal, difficult mining conditions and poor coal quality.

To view the whole Platts report, click here.