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The latest announcement is out from Bowen Coking Coal Ltd ( (AU:BCB) ).
In the December 2024 quarter, Bowen Coking Coal Ltd reported a 6% reduction in mining costs and achieved record coal sales of 544Kt, resulting in cash receipts of A$99 million. The company saw consistent mining performance with improvements in strip ratio and operating cash flow, positioning them well for future quarters. Their efforts in cost reduction and efficient operations resulted in a quarterly EBITDA of $29 million, highlighting their operational resilience and strong market positioning.
More about Bowen Coking Coal Ltd
Bowen Coking Coal Ltd is a company operating in the mining industry, focusing on the production and sale of coking coal. Their operations include various mining complexes, and they are involved in activities such as mining, processing, and haulage of coal.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$75.43M
For a thorough assessment of BCB stock, go to TipRanks’ Stock Analysis page.
