Coronado Global's Production Rises Nearly 9% in Q4 2024

MT Newswires Live

Jan 23, 2025

Coronado Global Resources (ASX:CRN) reported run-of-mine production of 6.9 million tonnes in the fourth quarter of 2024, up 8.8% from 6.3 million tonnes in the third quarter, according to a Thursday filing with the Australian bourse.

Revenue in the three months ended December fell 8.3% quarter on quarter to AU$558 million.

For the 12 months to December, production rose 4.5% to 26.6 million tonnes from the year-earlier's 25.4 million tonnes. Full-year revenue fell over 13% year on year to AU$2.51 billion.

As of Dec. 31, 2024, the company was in a net debt position of AU$85 million.

Looking ahead, the mining company expects steel production and demand in seaborne markets outside of China to recover.

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Full-year revenue fell over 13% year on year to AU$2.51 billion.</p><p>As of Dec. 31, 2024, the company was in a net debt position of AU$85 million.</p><p>Looking ahead, the mining company expects steel production and demand in seaborne markets outside of China to recover.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRN.AU","symbol_name":"CORONADO GLOBAL RESOURCE-CDI","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505702732","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505702732","pubTimestamp":1737585018,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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