02
Nov
02:44
Coronado Global Resources cuts production guidance
Australian coal miner Coronado Global Resources has revised down its saleable production guidance for fiscal year 2022 (FY2022) to 16.9-17.1 million tonnes, from 18-19mt, due to the impact of wet weather at its Curragh operations, Kallanish notes.
According to the firm, rainfall between April and September in the town of Blackwater, which is nearest to the Curragh mine, totalled 391mm, which is 3.3 times higher than the ten-year average for the town of 118mm…
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Anonymous
Very good overview of the weekly steel market.
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