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CORONADO Global Resources’ coal revenues came to US$525.8 million for the three months ended September 30, a decrease of $66.1 million on the previous corresponding period.
Coronado's Curragh coal mine in Queensland.
This decrease was predominantly due to lower metallurgical coal sales volumes and a lower average realised coal prices during the 2019 period.
Curragh was operating well under the new work practices, and was continuing to supply coal.
