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SouthGobi Resources ( (TSE:SGQ) ) has provided an announcement.
SouthGobi Resources Ltd. announced its unaudited financial and operating results for the second quarter of 2025, highlighting a significant increase in coal sales volume to 3.0 million tonnes compared to 1.2 million tonnes in the same period of 2024. Despite a decrease in the average selling price due to market challenges in China, the company has expanded its coal processing methods and product categories, enhancing its export volume and meeting Chinese import standards.
More about SouthGobi Resources
SouthGobi Resources Ltd. is a company operating under the laws of British Columbia, Canada, and is listed on the Hong Kong Stock Exchange and the TSX Venture Exchange. The company is involved in the mining industry, focusing on coal production and export, primarily targeting the Chinese market.
Find detailed analytics on SGQ stock on TipRanks’ Stock Analysis page.