coking coal - Latest news GMK Center

Economic stimulus in China did not significantly affect demand

Coal production increased by 6.4% q/q

The buyer will be the American Peabody Energy, the amount of the deal is $3.8 billion

The company expects an economic effect at the level of PLN 8.5 billion in 2025-2027

Production plans were reduced from 12.45 million tons to 12.35 million tons

This will mainly be due to increased supplies from Australia

Compared to August, foreign supplies of these raw materials fell by 0.8%

The move is in line with the Indian steelmaker's efforts to increase coking coal resources

Compared to July 2023, export shipments decreased by 1%

The company expects to produce 13.07 million tons, which is 3% below previous expectations

Lava has an excavation field length of 3 km, the total length is 284 m, and the layer thickness reaches almost 2 m

Production of coking coal decreased by 14.4% y/y