
Coal giant soars on thermal production
THE coal division of global diversified mining group Xstrata is the world’s largest seaborne exporter of high energy thermal coal, used to generate electricity, and a significant producer of coal that is used to make steel. Xstrata Coal has interests in more than 30 operating coal mines in Australia, South Africa and Colombia, and development projects in Canada. In 2011, the company produced about 100.5 million tonnes of managed coal, of which about 85 per cent was exported: making it Australia’s leading exporter of thermal coal. With a range of expansions and project developments under way, the company is set to continue increasing its production rate in the near future. Newlands mine The Newlands mine, in the northern part of…