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23 Aug
01:00

NWR foresees hitting 2015 targets, benefits from Central Europe coal shortage

New World Resources (NWR) maintains it will achieve its full-year 2015 coal production target of 7.5-8 million tonnes, despite the -20% on-year output drop in the first half. Output will continue to ramp up in accordance with the Czech coal miner’s longwall sequencing. Although the coal market remains “tough”, with the international benchmark price of coking coal down -20% so far this year, Central Europe remains substantially short of the …
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