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03 Nov
20:40

Mining problems dent Corsa Coal's Q3 profits

Pennsylvania-based US metallurgical coal producer Corsa Coal incurred a net loss in Q3 despite achieving its record-high quarterly shipments and metallurgical revenue since the beginning of the pandemic, Kallanish understands. Corsa Coal suffered a net loss of $4.5 million on sales of $45.9m, which was down below last year's earnings of $900,000 on sales of $36.4m. "Although the third quarter of 2022 saw our highest quarterly shipments of the y…
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