Tag: Production Cut
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Australia: Coronado fails to achieve its production target again
Coronado, major Australian coal producer, has cut its production guidance once again amid heavy rainfall in the Curragh operations in Queensland. The company had already reduced its production guidance of 18-19 mnt in October to 16.9-17.1 mnt of coal. The company is left with the target of at least 5.3 mnt for Oct-Dec, but has…