Coronado Cuts Annual Production Target After Mixed Quarter
Coronado’s Curragh mine recorded its strongest run-of-mine coal production quarter since 2020, while third-quarter EBITDA was US$44 million. The company cut its annual production target.
Jefferies says Coronado Global Resources’ Curragh mine in Australia recorded its strongest quarter of run-of-mine coal production since 2020, lifting 3Q Ebitda to US$44 million. The quarter also included weaker developments: Coronado cut its annual production target.