CRN coronado global resources inc.

News: CRN Australia's Coronado Global sees coal prices rising on resuming imports to China

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    Jan 24 (Reuters) - Coronado Global Resources (CRN) said on Tuesday the resumption of metallurgical coal imports into China would likely push sea-borne coal prices higher in the short term, as it recorded a 66% jump in annual revenue on strong realised prices.

    Last week, the Australian coal miner, which has not typically sold coking coal to China, said it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.

 
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