Threat of Cyclone Disrupts Mining in No. 1 Met Coal Exporter
- BHP, Glencore to suspend some Australia output as Debbie nears
- Previous cyclones have led to prices spikes amid disruptions
Queensland Awaits Cyclone Debbie, Thousand's Evacuated
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BHP Billiton Ltd. and Glencore Plc are halting some production in the world’s largest exporter of coal used in steel-making, as the biggest cyclone since 2011 to hit Australia’s Queensland nears the state.
South Walker Creek metallurgical coal mine operations will be suspended from the end of day shift on Monday and preparations are under way to manage increased rainfall throughout the week, BHP said in a statement. Glencore is preparing to temporarily halt output from the Collinsville and Newlands mines, the company said in a separate release.