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gtja: The bottom of coal price in the second half of the year is expected to not break 800 yuan/ton, and the turning point is estimated to be in mid-September.
In the first half of 2024, the performance of dividend assets with a high proportion of long-term contracts continued to significantly outperform the industry. The performance pressure brought by the simultaneous decline in volume and price in the first half of the year has been released, determining that the bottom coal price in the second half of the year will not break 800 yuan/ton, and the turning point is expected in mid-September.
Per Energy (02798): Hongguo Coal Mine successfully obtained the safety production license for the revised expansion plan.
Per Energy (02798) announced that with the completion of the installation of all necessary mining machinery and equipment, the Hongguo coal mine...
Per Energy (02798.HK): Under the production license, the annual production capacity of the Hongguo coal mine has been increased to 1.2 million tons.
As of August 27th, Jiutai Bangda Energy (02798.HK) announced that with the installation of all necessary mining machinery and equipment completed, Hongguo Coal Mine successfully obtained the safety production permit issued by the Guizhou Provincial Energy Bureau for the revised expansion plan after joint trial operation on August 27, 2024. As of the date of this announcement, the annual production capacity of Hongguo Coal Mine under the production permit has been expanded from 600,000 tons to 1,200,000 tons. The directors believe that this expansion has increased the operating scale of Hongguo Coal Mine, which will bring significant economic benefits to the group.
Express News | Perennial Energy - Permitted Annual Production Capacity of Hongguo Coal Mine Increased From 600,000 Tonnes to 1.2 Mln Tonnes Under Permit
Express News | Perennial Energy - Permits for Revised Expansion Plan From Energy Bureau of Guizhou Province
Express News | Perennial Energy - Hongguo Coal Mine Obtained Safety Production Permits
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