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Cokal Limited Resumes Domestic Coal Sales Amid Market Recovery

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Cokal Limited Resumes Domestic Coal Sales Amid Market Recovery

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Cokal ( (AU:CKA) ) has shared an update.

Cokal Limited has resumed coal sales to domestic end users, marking a significant step in strengthening its operational foundation amid a recovering metallurgical coal market. The company has advanced several key initiatives, including appointing PT Petrosea Tbk for road development and progressing infrastructure projects, positioning itself for a strong operational ramp-up in the coming quarters.

More about Cokal

Cokal Limited is a company operating in the metallurgical coal industry, primarily focusing on the production and sale of low-volatile hard coking coal (LV-HCC). The company is involved in infrastructure development and mining operations, with a market focus on domestic and international coal sales.

Average Trading Volume: 572,213

Technical Sentiment Signal: Sell

Current Market Cap: A$41M

For an in-depth examination of CKA stock, go to TipRanks’ Overview page.

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