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15 Jul
01:00

Czech coal miner trails 2015 sales targets after Q2 slump

Czech coal miner New World Resources (NWR) registered a -17% on-year decline in coking coal sales in the second quarter to 1.08 million tonnes. The average price of these sales was, however, up to €95/tonne from €84/t in Q2 2014. Overall production, which includes thermal coal, was down -19% on-year in Q2 to 1.83mt. Earlier this year NWR agreed and fixed with customers prices for 74% of its coking coal output in 2015 at €93/t. Sales in 2015 we…
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