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NWR Sees Volatile Coal Market, Posts 30% Drop in Net Income

Industrial Metals

Bloomberg reported on New World Resources Plc’s (LSE:NWR) outlook for the coal market.

Bloomberg reported on New World Resources Plc’s (LSE:NWR) outlook for the coal market.

As quoted in the market news:

While the outlook for coking-coal prices is “difficult to predict,” there’s still potential to negotiate higher prices for thermal coal, used in power stations, Chief Financial Officer Marek Jelinek said today by telephone.

Click here to read the full Bloomberg report.

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