Cost of using a 100kW collapsible container in an Australian mine

4 FAQs about Cost of using a 100kW collapsible container in an Australian mine

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.

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 Australian coal miners exempt from cost inflation?

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. Metallurgical coal miners' unit costs have also experienced similar increases over the two years to December 2023, as shown in Figure 1.

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.

Rising costs to impact Australian coal miners'' margins sooner

It is not yet clear how the Australian government''s revised Safeguard Mechanism will impact unit costs, though these are expected to mostly affect underground mines, coming

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An all-inclusive cost of $4.50 per ROM tonne was used for contract mining of the open pit. This cost includes all labour, equipment, fuel, maintenance, facilities, and other ancillaries required

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Costs have been inflated due to a range of factors, from labour and consumables expenses to higher financing costs and coal royalties, and growing environmental obligations

Rising costs to impact Australian coal miners''

It is not yet clear how the Australian government''s revised Safeguard Mechanism will impact unit costs, though these are expected

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