Industrial Metals

MarketWatch reported that Gloucester Coal (ASX:GCL) reported higher coal output but that market conditions were deteriorating.

MarketWatch reported that Gloucester Coal (ASX:GCL) reported higher coal output but that market conditions were deteriorating.

As quoted in the market news:

Gloucester said it produced 1.1 million metric tons of coal in the three months through December, compared with 451,000 tons a year earlier. The company has made a number of acquisitions over the past year, and plans to increase production to more than 12 million tons in less than 10 years.

Click here to read the full MarketWatch report.

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