Stanmore posts a stellar half profit

STANMORE Coal has more than doubled its half yearly profit before tax to $30.7 million with the help of continued strong coking coal prices, increased volumes, improved sales mix between coking coal and thermal coal and a focus on cost control.

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Stanmore posts a stellar half profit  Stanmore posts a stellar half profit  Stanmore posts a stellar half profit  Stanmore posts a stellar half profit  Stanmore posts a stellar half profit

Stanmore Coal's Isaac Plains mine in Queensland.

Stanmore managing director Dan Clifford said the company's Isaac Plains complex continued to perform well during the half year and was set up for a strong second half.