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Coronado Global shares hike on production jump, but not enough to recapture COVID highs

Summary by themarketonline.com.au
Metallurgical coal producer Coronado Global Resources (ASX:CRN) has today jumped on a solid quarterly and news of impending production boosts in a world where ESG has taken the back burner. Coal companies by and large became cool again during the COVID-19 years when a combination of factors led to high prices. In a sentence, the first year of lockdown shut everything down, but the consumer recovered quickly – and there wasn’t enough of anything …
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themarketonline.com.authemarketonline.com.au

Coronado Global shares hike on production jump, but not enough to recapture COVID highs

Metallurgical coal producer Coronado Global Resources (ASX:CRN) has today jumped on a solid quarterly and news of impending production boosts in a world where ESG has taken the back burner. Coal companies by and large became cool again during the COVID-19 years when a combination of factors led to high prices. In a sentence, the first year of lockdown shut everything down, but the consumer recovered quickly – and there wasn’t enough of anything …

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iQ Industry QueenslandiQ Industry Queensland

Coronado reports lift in Curragh coal production

Coronado’s Curragh mine complex near Blackwater lifted production to 3.4Mt ROM coal last quarter, marking an increase of 29.1 per cent over the September quarter.December also saw the official opening of the site’s Mammoth underground mine.“The Mammoth underground mine has been delivered on time and to budget,” Coronado chief executive officer and managing director Douglas […] Thank-you for your interest in iQ Industry Queensland. We in…

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iQ Industry Queensland broke the news in on Thursday, January 23, 2025.
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