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Xstrata Coal

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This article is part of the Coal Issues portal on SourceWatch, a project of Global Energy Monitor and the Center for Media and Democracy. See here for help on adding material to CoalSwarm.

Xstrata Coal is a subsidiary of Xstrata and describes itself as "the world's largest exporter of thermal coal and one of the largest producers of hard coking coal. Headquartered in Sydney, Xstrata Coal has interests in more than 30 operating coal mines throughout Australia, South Africa and the Americas."[1]

In its 2009 annual report, Xstrata reported that its coal subsidiary generated $7,547m which represented 32% of the company's total revenue. Xstrata Coal contributed $3,013 million to the groups operating Earnings before interest, taxes, depreciation and amortization (EBITDA), which represented 43% of the group's total. In 2009 Xstrata Coal employed 10,009 staff (excluding contractors).[2]

In April 2011, Xstrata said it may increase coal output by about 80 percent within five years to meet rising demand, raising annual output to about 145 million metric tons by 2016, from 82 million tons in 2010.[3]

Existing coal mines

Xstrata coal lists its current operating coal mines, along with the mining method and the company's stake in the project, as being:[4]

Australia - New South Wales

Australia - Queensland

South Africa

Mpumalanga Complex

  • Spitzkop, Underground & open cut, 79.8%;
  • Tselentis, Underground & open cut, 79.8%;

iMpunzi Division

  • Arthur Taylor Colliery (ATC), Underground, 79.8%;
  • ATCOM, Opencast, 79.8%;
  • Phoenix, Underground, 79.8%;
  • Tavistock, Underground, 79.8%;

Southstock Division

  • Middelburg, Opencast, 12.8%;
  • Douglas, Underground & open cut, 12.8%;

Tweefontein Division

  • Waterpan, Opencast, 79.8%;
  • Boschmans, Underground, 79.8%;
  • Witcons, Underground, 79.8%;

Goedgevonden

  • Goedgevonden Mine, Opencast, 74%;
  • South Witbank, Underground, 79.8%;

Colombia

Proposed coal mines

New South Wales

Queensland

Canada

Personnel

Former personnel

Xstrata's lobbyists

Australia

Contact details

Xstrata Coal head office
Level 38
Gateway
1 Macquarie Place
Sydney NSW 2000 Australia
Website: http://www.xstratacoal.com/EN/Pages/default.aspx

Articles and resources

Related SourceWatch articles

References

  1. "Commodity Businesses", Xtstrata website, accessed October 2008.
  2. Xstrata, "Performance by business: Coal", 2009 Annual Report, Xstrata, 2010.
  3. Firat Kayakiran, "Xstrata May Raise Coal Output About 80% by 2016, Nomura Says" Bloomberg, April 4, 2011.
  4. Xstrata Coal, "Operations", Xstrata Coal website, accessed August 2010.
  5. Xstrata, "Peter Coates to retire as CEO Xstrata Coal", Media Release, October 30, 2007.
  6. "Lobbyist details: Dale Fitzell & Associates Pty Ltd", Department of Premier and Cabinet, July 2, 1010.

External resources

External articles

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