Central Europe-based miner New World Resources Plc (NWR) has announced that it has reached agreements with its customers for coking coal and coke sales for the third quarter of 2013.
Accordingly, NWR has set the average agreed price of coking coal for delivery in the third quarter of this year at €92/mt, down eight percent compared to the second quarter realized price. In addition, NWR's average price agreed for coke sales during the third quarter is €232/mt, decreasing by three percent compared to the second quarter realized price.
NWR also announced its production and sales results for the second quarter of 2013. While it produced 2.13 million mt of coking and thermal coal and 172,000 mt of coke in the second quarter, its sales volumes of coking coal and coke in the quarter were 1.04 million mt and 100,000 mt respectively.