MANAGEMENT

Coronado lands US$150M coal supply deal with Stanwell

Braces for a ‘prolonged market downturn’

Expansion projects at Mammoth and Buchanan are expected to boost production.

Expansion projects at Mammoth and Buchanan are expected to boost production. | Credits: Coronado Global Resources

Coronado Global Resources has secured a US$150 million lifeline from Stanwell Corporation to help it survive a coal price slump, but it is nonetheless bracing for a "prolonged market downturn." According...

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