Anglo Delivers First Coal From Grosvenor
Anglo American expects Grosvenor to produce 3.2 million saleable metric tons (mt) in 2016. At full capacity, the Grosvenor longwall is capable of producing 7.5 million mt/y. When fully ramped up, Grosvenor is expected to operate at an all in sustaining unit cost of A$110/mt (or $82/mt at the current exchange rate).
“We have delivered the Grosvenor metallurgical coal project ahead of schedule and below budget, with an outstanding safety record and in line with our environmental obligations,” said Seamus French, CEO of Bulk Commodities for Anglo American. “The Grosvenor mine project has taken more than 7 million man hours to construct, with almost 6,000 personnel inducted onto the project. We began the installation of the longwall just 24 days before its first shear and production of coal—a truly remarkable feat and a result of the team’s technical expertise and the modular approach we have taken to our underground longwall operations in Australia.”