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04 Aug
20:53

Metallurgical prices boost profitability for Corsa Coal

Pennsylvania-based US metallurgical coal producer Corsa Coal achieved record high revenues during the second quarter of this year, resulting from rising metallurgical coal costs. Corsa Coal's adjusted earnings reached $4.96 million on sales of $42.3m during the second quarter of this year, which is up from the company's adjusted earnings totalling $2.72m on sales of $30.4m in the same period of 2021. However, the company's net earnings for the quarter …
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