Xstrata plc
Xstrata Coal
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Our Business Principles set out the ethical framework for all of our activities globally and are provided in the 15 languages spoken by our employees and contractors. Read More

Welcome to Xstrata Coal

Xstrata Coal is the world’s largest exporter of thermal coal and a significant producer of premium quality hard coking coal and semi-soft coal. Headquartered in Sydney, Australia, Xstrata Coal has interests in over 30 operating coal mines in Australia, South Africa and Colombia and exploration projects in British Columbia, Canada.
 
 
 
Where we operateWhere we operateexplore our operations
Product overview
  • Thermal coal is used to generate electricity in coal-fired power stations
  • Export semi-soft coal and export coking (or metallurgical) coal is used in steelmaking
Market summary
  • Ongoing strong demand from the Asian economies underpinned the global seaborne thermal and coking coal markets
  • Weather-related supply disruptions will continue to dominate spot market pricing in 2011
Operations
  • Higher realised prices were achieved across all markets, except Colombia
  • Xstrata Coal achieved real cost savings of $181 million primarily as a result of the optimisation of the Oaky Creek complex, strip ratio improvements at Cerrejón and the ramp up of Goedgevonden
Developments
  • Two major projects, Goedgevonden and Blakefield South, were commissioned in 2010 and are ramping up to full production
Strategic priorities for 2011
  • The ATCOM East project is on track to commission in 2011 and will produce 4 million tonnes of thermal coal per annum
  • Mining commenced in January 2011 at the Mangoola project in Australia. The operation will ramp up to 8 million tonnes per annum of thermal coal
Sustainable benefits
  • During 2010, Xstrata Coal achieved a 27% reduction in total recordable injuries on 2009 levels
  • In 2010, Xstrata Coal contributed $16 million to initiatives that benefited the communities living near to their operations

Strategy

Xstrata Coal- Our purpose and Values

“To deliver industry-leading returns for our shareholders”

  • We work together and with others
  • We have an absolute commitment to Sustainable Development
  • We are passionate in delivering outcomes
  • We do what we say
  • We behave with honesty and integrity
  • We are commercially astute
  • We take personal responsibility and accountability
  • We aspire to be the best
Aspirational Goals

By 2009 we will:

  • Double production to 140M tonnes
  • Become the employer of choice in our industry
  • Become the world’s leading export coal company
  • Be recognised for our commitment to sustainable development
  • Achieve long term average ROCE > 15%