Trade war hurts Coronado

THE business of selling metallurgical coal has proved less profitable than ASX-listed Coronado Global Resources hoped on listing, with the company taking the scalpel to its 2019 earnings guidance this morning, knocking US$50 million in EBITDA off the lower end of estimates made just two months ago.

Trade war hurts Coronado Trade war hurts Coronado Trade war hurts Coronado Trade war hurts Coronado Trade war hurts Coronado

Curragh's expansion continues.

It has reduced EBITDA expectations from US$737-807 million to $687-737 million.
 
The new guidance comes with a stable production outlook for the company at between 21.2-21.

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