Anglo Maintains Met Coal Production Guidance Despite Moranbah Setback

24 April

Anglo American has reaffirmed its 2025 steelmaking coal production guidance at 10–12 million tonnes, signaling confidence in the recovery of its Moranbah mine despite a recent underground incident. The company completed re-entry to the mine on April 19 following a controlled withdrawal after a minor ignition on March 31. Production remains suspended, but no changes were made to the full-year output forecast, which excludes the Grosvenor and Jellinbah operations. Anglo's stance suggests it expects regulatory clearance and production ramp-up at Moranbah in the near term, aligning with its broader divestment strategy.

In Q1 2025, Anglo produced 2.24 Mt of steelmaking coal, down 8% quarter-on-quarter. Sales totaled 1.63 Mt, while HCC averaged $172/t and PCI $141/t.