01
Aug
05:43
Bathurst Resources foresees lower EBITDA in FY24
New Zealand-based coal miner Bathurst Resources is eyeing lower earnings before interest, taxes, depreciation, and amortization (EBITDA) of NZD 95-105 million ($59-65m) in the financial year ending 30 June, 2023 (FY24) on weak export prices, Kallanish notes.
The firm says in a statement that the EBITDA for FY24 will be underpinned by coal sales of 1.44 million tonnes.
“The central factor in the decrease is a forecast reduction of the average pricing …
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Very good overview of the weekly steel market.
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