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Bowen Coking Coal Cuts Production, Seeks Lifeline Amid Coal Price Slump
9:56am on Monday 14th of July, 2025 AEST
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Mining
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Bowen Coking Coal Cuts Production, Seeks Lifeline Amid Coal Price Slump
9:56am on Monday 14th of July, 2025 AEST
Key Points
Owner-operator mining commenced at Burton Mine Complex with reduced fleet
Production rates cut due to depressed coal prices and high costs
Focus on low-cost, low strip-ratio coal extraction targeting ~0.5Mt in September quarter
Active refinancing and commercial negotiations underway with creditors and Queensland Revenue Office
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