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The latest update is out from SouthGobi Resources ( (TSE:SGQ) ).
SouthGobi Resources Ltd. announced its unaudited financial and operating results for the first quarter of 2025, highlighting an increase in mining operations and coal processing methods that improved coal quality and export volume to China. The company reported a sales volume increase to 2.1 million tonnes from 1.1 million tonnes year-over-year, despite a decrease in average selling price due to market challenges in China, which led to a shift in product mix towards lower-priced coal products.
More about SouthGobi Resources
SouthGobi Resources Ltd. is a company based in British Columbia, Canada, with operations focused on the mining industry. It primarily engages in coal mining and processing, offering a variety of coal products such as mixed coal, wet washed coal, and dry processed coal, with a significant market focus on exporting coal to China.
For detailed information about SGQ stock, go to TipRanks’ Stock Analysis page.