New World Resources sees prices plunge

New World Resources, the Czech Republic-focused coal miner, reported a sharp drop in fourth quarter prices and reduced sales targets for the year.

New World Resources, the Czech Republic-focused coal miner, reported a sharp drop in fourth quarter prices and reduced sales targets for the year.

The firm said the average agreed price of coking coal was €102 per tonne, a 20% drop compared to the third quarter realised price.

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