NWR Swings to First-Quarter Profit on Coal Demand

- May 18th, 2011

Bloomberg reported that coking coal supplier New World Resources Plc (LON:NWR) posted profits on increased demand and higher prices.

Bloomberg reported that coking coal supplier New World Resources Plc (LON:NWR) posted profits on increased demand and higher prices.

The market news is quoted as saying:

The company’s full-year production and sales targets remain unchanged as the miner expects to ramp up output of coking coal toward the end of the year, it said.

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2 responses to “NWR Swings to First-Quarter Profit on Coal Demand

  1. if your not producing or near producing LREE then forget it as the market is full already

    if your exploring, producing or near producing HREE’s then it has a better chance of success, raising money, producing.

  2. if your not producing or near producing LREE then forget it as the market is full already

    if your exploring, producing or near producing HREE’s then it has a better chance of success, raising money, producing.

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