SouthGobi Resources (TSE:SGQ) has released an update.
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SouthGobi Resources reports a notable increase in coal export volumes to China in the third quarter of 2024, with sales reaching 2.1 million tonnes compared to 1.2 million tonnes in the same period last year. Despite a decrease in average selling price from $85.6 to $67.8 per tonne due to changes in product mix, the company successfully enhanced coal quality and production through advanced processing techniques.
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