Cost of using a 20kW collapsible container in an Australian mine

How is cost inflation affecting Australian coal mining?

Meanwhile cost inflation has become embedded in Australian coal mining operations through increased labour costs; extreme weather events impacting production; elevated energy and consumable input costs; rising port costs; increasing strip ratios; higher financing costs; and government royalty hikes.

Are rising costs affecting coal miners' profits in Australia?

Rising costs are impacting coal miners’ profits in Australia, with evidence mounting of a higher baseline for operational costs in the longer term amid lower market prices for coal.

Are coal costs going up in Australia?

There is an increasing risk of costs now remaining higher for longer – or becoming permanent. The increases are widespread. No coal miner across Australia is exempt. IEEFA reported in August 2023 that thermal coal miners experienced cost inflation of more than 50% over two years to (June) 2023.

Are there any reliable data for Australian coal mines?

Unfortunately, there is not any reliable data for coal mines in Australia in comparison to US and Canada. Table 2 endeavours to collect operating cost, capital cost and production rate for 20 Australian open pit coal mines. As can be seen in Table 2 real data for Australian mines was not readily available.