Bathurst Resources Navigates Tough FY24, Eyes Future Growth

Bathurst Resources Ltd (AU:BRL) has released an update.

Bathurst Resources Ltd faced a challenging FY24 with a decrease in EBITDA and net profit after tax, attributed to lower earnings in their export segment and operational hurdles. Despite the tough conditions and inflationary pressures, the company managed to maintain solid production levels and fulfill customer contracts. Bathurst also secured the Tenas coking coal project in British Columbia, marking a strategic move towards future growth in metallurgical coal production.

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