Coronado Global Resources (ASX:CRN) cuts FY24 production guidance amid operational challenges.

Wed 27 Nov 24, 01:00 AM | Team Kalkine

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Highlights

Coronado Global Resources Inc. (ASX:CRN) is a metallurgical coal production company with operations in the United States and Australia. The Mammoth Underground and Buchanan Expansion projects, CRN’s growth initiatives, are on schedule, within budget, and target enhanced production in 2025.

For the Mammoth Underground project, the company has submitted applications for regulatory approvals and expects first coal production by December 2024. The project is projected to add around 3 Mtpa of incremental production when 100% operational.

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