U.S.-based Alpha Metallurgical Resources reported a preliminary net loss of $12.3 million for the second quarter, or $0.96 per diluted share, according to preliminary quarterly results released recently. The company lowered its full-year metallurgical coal shipment forecast to 14.2-15.4 million tonnes, citing weak market conditions and damage to terminal equipment.
Alpha Metallurgical posts Q2 net loss of $12.3 mln, cuts met coal shipment outlook
Recommended Articles
China's coking coal underpinned by supply caps, start of another coke price increase
1China issues new coal mine safety permit rules
2China Aug coal imports fall 1.51% YoY
3Low water levels on Indonesia's Mahakam river disrupt coal shipments, raising stockpile risks
4China's mine-mouth thermal coal prices ease further on subdued purchases
5
Join Our Verified Creators
Share insights and build value
Ctrl + Enter to quick post
Related Articles
By reads | By time