Strikes Push Forbes ROM Production Down 30.8 Percent

Platts reported that Forbes & Manhattan Coal total run of mine production fell by 30.8 percent, year-over-year, mostly due to strikes its South African Aviemore and Magdalena mines.

As quoted in the market report:

According to the company’s Q3 production results published late Thursday, the miner’s total saleable production from both mines dropped 38.3% year on year to 152,000 mt, a 41% drop compared with the previous quarter.

To view the whole Platts report, click here.