Coal

BHP Billiton set to close Crinum mine in CQ

BHP Billiton has announced it’s Crinum mine in central Queensland will close next year.

In the mining giant’s annual operational review, the company said record production and sales volumes at Queensland Coal in the 2015 financial year were supported by the successful ramp-up of the Caval Ridge mine and continued productivity improvements.

“An increase in equipment and wash-plant utilisation rates underpinned record volumes at six other operations,” the review said.

“Production increased by 18 per cent from the March 2015 quarter which was affected by wet weather and a longwall move at Crinum.

“At current mining rates, operations at Crinum are expected to cease in the first quarter of the 2016 calendar year as the mine approaches the end of its economic reserve life.

“Production is forecast to decrease in the 2016 financial year to 40 Mt as a result of the closure of Crinum. Longwall moves at the Broadmeadow and Crinum mines, and wash-plant shutdowns at Goonyella and Peak Downs mines are scheduled for the September 2015 quarter.

“Production is expected to commence from the 1 Mtpa Haju mine in Indonesia during the 2016 financial year.”

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