Coal - 21 July 2016

Yancoal has released its 2Q16 report, which includes a quarterly production of 3.88 million t of saleable coal, a y/y decrease of 8%.

Joint provisional liquidators have been appointed over Mongolian Mining Corp.

Raw coal production jumped 16% quarter-on-quarter, while sales of metallurgical coal concentrate was also up, as the Russian coal company reported better quarterly results.

Universal’s coal mine hit record production in 2Q16 following the completion of a pit reconfiguration.