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29 Apr
01:00

Czech coal miner on course to miss 2015 output, sales targets after Q1

New World Resources (NWR) produced 1.78 million tonnes of coal in the first quarter. Coking coal sales in Q1 totalled 999,000t, while their average realised selling price was €90/t, Kallanish learns from the Czech coal miner. On an annualised basis this coal production comes to 7.1mt, while the coking coal sales amount to 4mt. This would be below NWR’s 2015 targets announced in February of 7.5-8mt and 4.8mt respectively. The firm will publish its …
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