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23 Jan
03:42

Coronado reduces coal sales, foresees tight first-quarter market

Australian coal miner Coronado Global Resources saw coal sales fall 3.5% on-year to 15.8 million tonnes in 2023, Kallanish notes.  The firm says sales slippage to January 2024 (five vessels) impacted sales volumes from Curragh in December due to RG Tanna Coal Terminal performance issues resulting in excessive ship queues. The group sales volumes for the December quarter were 4.1mt, aligned with the prior quarter. The firm's realised price per tonne …
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