Stanmore Resources (SMR) 2021年年度报告「ASX」.pdf

1、Explore.Transform.Sustain.ANNUAL REPORT 2021STANMORE RESOURCES LIMITEDContents289939942031632Chairmans LetterIndependent Auditors ReportShareholder InformationOther InformationChief Executive Officers ReportRenumeration Report(audited)Auditors Independence DeclarationDirectors ReportFinancial Statem

2、entsCover image:In February 2022,Stanmores dragline walked across the Peak Downs Highway from Isaac Plains to commence new open cut operations at Isaac Downs.1Stanmore Annual Report 20212Stanmore Annual Report 2021Chairmans letterDear Shareholders,The start of 2021 was a testing period for Stanmore

3、and the industry.The COVID-19 pandemic continued to present challenges to operations and the global coal market;Australian metallurgical coal prices were at near all-time lows;and disruptions to the Asian coal market trade flow persisted.In the second half of the year,a rebound in industrial activit

4、y as well astight supply saw a swing in coal prices,reaching record highs by the end of the year.Against this backdrop of uncertain and volatile conditions,we rose to the challenge to significantly reposition Stanmore as a leading metallurgical coal producer on a global scale.We undertook significan

5、t works to bring IsaacDowns online with operations to fully commence in 2022 and we announced the acquisition of BHPs 80%interest inBHP Mitsui Coal Pty Ltd(BMC).The Company is progressing well with its transition to Isaac Downs.Our successful ramp up of operations at Isaac Downs resulted in record p

6、roduction and sales in H2 2021,in time to take advantage of the record high metallurgical coal prices prevailing in the market.Key infrastructure works,including construction of the new Underpass and Diversion of Peak Downs Highway are nearing completion.The coming year will see Stanmore fully trans