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Australian mine closure assessment 2014

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Report summary

Australia's coal sector is battling through one of the most challenging periods in recent history, with lower prices weighing on margins and resulting in some operating mines closing. A number of mines continue to operate at negative margins, and a smaller number are not covering their variable costs - a key criterion in deciding whether to cease production in the short-run, and move to care and maintenance.

What's included

This report contains

  • Document

    Australian mine closure assessment 2014

    PDF 377.74 KB

Table of contents

    • Reported mine closures and announced/planned closures
      • Price minus variable cost (adjusted) vs. operating margin (2014) (includes an additional 10% fixed costs)

Tables and charts

This report includes 5 images and tables including:

Images

  • Price minus variable cost vs. operating margin (2014)
  • Price minus variable cost (2014) vs. remaining PV
  • Australian mine closure assessment 2014: Image 3
  • Price minus variable cost by major company (ranked by number of operating mines)

Tables

  • Australian mine closure assessment 2014: Table 1

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