COMPANY ACTIVITY

Terminal congestion delays Stanmore's shipments

STANMORE'S coal exports from the Dalrymple Bay Coal Terminal are being hit by port congestion, which is expected to defer two planned December semi-soft coking coal shipments into January.

Lou Caruana
Dragline at Stanmore Coal's Isaac Plains coal mine in Queensland.

Dragline at Stanmore Coal's Isaac Plains coal mine in Queensland.

This will result in the company revising its underlying earnings before interest tax depreciation and amortisation guidance from $23 million to $26 million to $17 million to $20 million for the December...

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