The group has lowered costs by tweaking mining operations at its Uitkomst colliery, and is introducing a new high-ash thermal coal product
MC Mining has noted a fall in coal sales prices in the quarter to March, along with the first sales of a new product from its Uitkomst colliery.
MC sold 61,956 tons of metallurgical and high-quality thermal coal from Uitkomst, a 3% fall from the previous period. MC sells the high-ash middlings coal to a coal trader who blends it with other coal prior to sale. It is generally blended with thermal coal.
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