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16 May
08:15

SouthGobi coal production, sales grow in first quarter

SouthGobi coking coal sales increased on-year in the first quarter, alongside higher output. The company exported more to China, driven by higher-quality F-grade products, Kallanish learns from its Q1 report. Raw coal production and total coal sales were 1.25 million tonnes and 1.05mt respectively in Q1, up 123.2% and 75% on-year. By product, sales of standard semi-soft coking coal or premium thermal coal surged to 280,000t in Q1 from last year's 10,000t. Me…
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