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Coal - 06 January 2016

CNX Coal Resources updates 2016 outlook

CNX Coal Resources LP has announced that in response to the ongoing uncertainty in coal markets, it is reducing its expectations for 2016 coal sales to 4.4-5.2 million t.

 

Board recommends Chinese investment

An AUS$7 million investment in TerraCom by Chinese company, SPG, is necessary to ensure the company can continue in business.