Bowen
Coking Coal Ltd has reported a record-breaking quarter ending June 2024, with a
33% increase in run-of-mine coal production compared to the prior year,
reaching 820Kt and achieving significant operational improvements. Despite a
quarterly EBITDA loss of $4.3 million, the company has made strides in reducing
mining costs by 27% and is preparing for future sales with substantial product
stockpiles. These operational milestones position Bowen Coking Coal for a
promising FY2025, as they continue to streamline production and target cost
reductions.