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22 Mar

JSW reduces coking coal deliveries, posts record profit

Jastrzebska Spolka Weglowa (JSW) reduced coking coal and coke sales in 2022, while thermal coal deliveries were at their highest since 2019. The Polish miner achieved all-time record profit, Kallanish notes. JSW saw external coking coal sales fall 7% on-year in 2022 to 6.4 million tonnes. However, average sales price soared 144% to PLN 1,510.5/tonne ($348). Production was flat at 11mt. Thermal coal sales were at 3.6mt in 2022, as soaring prices ami…
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