October 17, 2018 / 9:54 PM / 2 months ago

Australia's South32 1st-qtr coking coal production triples

Oct 18 (Reuters) - Australian miner South32 on Thursday said first-quarter coking coal output more than tripled from the same year-ago period, helped by robust production at its Appin and Dendrobium collieries.

Production of coking coal, also known as metallurgical coal, rose to 1.5 million tonnes in the first quarter of the 2019 fiscal year from 494,000 tonnes a year earlier. That handily beat a UBS estimate of 1.2 million tonnes. (Reporting by Nikhil Kurian Nainan and Rushil Dutta in Bengaluru Editing by James Dalgleish)

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