Where our coal comes fromWe need to ensure a ready supply of coal of the
right quality, at the right time and at the right price. Our needs are currently met with around 50% domestic and 50% international coals.
Delivering against volatile
marketsAgainst a backdrop of volatile and erratic
commodity prices we have continued to deliver
solid returns through our progressive hedging strategy, making full use of our access to liquid markets and increasing our forward sales.
We have found success in selling some of our power for delivery in
the future and holding some back for the near term, at all times
carefully matching our power sales with purchases of carbon and
fuel. As a result we lock in value, yet have the ability to benefit
from any upsides the commodity markets may bring.
