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Cokal ( (AU:CKA) ) has provided an announcement.
Cokal Limited has successfully completed commercial trial coal shipment sales to PT Dexin Steel Indonesia and PT Detian Coking Indonesia, marking the company’s first sales since May 2025 after a period of weak market conditions. Facilitated by M Resources and INTCO, these transactions achieved favorable pricing and signal an improvement in market sentiment, with further sales discussions underway for the fourth quarter, indicating a positive momentum in Cokal’s sales program.
More about Cokal
Cokal Limited is a company operating in the coal industry, primarily focusing on the production and sale of metallurgical coal. The company is engaged in marketing its coal products to various stakeholders, including steel and coking industries, with a focus on expanding its domestic sales channels.
Average Trading Volume: 652,575
Technical Sentiment Signal: Sell
Current Market Cap: A$49.63M
For an in-depth examination of CKA stock, go to TipRanks’ Overview page.