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Anglo Pacific Group PLC

Anglo Pacific notes Kestrel expected to increase production by 40%

Anglo Pacific Group PLC (LON:APF) (TSX:APY) has noted that Adaro Energy has implemented changes at the Kestrel coal mine in central Queensland, Australia which is expected to increase production in 2019 by 40% compared to 2018. CEO Julian Treger tells Proactive London explains how the knock on from that will affect APG as well as commenting on their iron ore investments following the Brazilain bridge collapse.
The London and Toronto listed royalty company also pointed out that Adaro anticipates any increase in production to be well absorbed by the market due to high demand for Kestrel's premium quality coal.

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Price: £2.10

Market: LSE
Market Cap: £381.09 m
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Anglo Pacific Group makes major royalty deal with a bigger move into Canada

Anglo Pacific Group (TSE:APY) CEO Julian Treger joined Steve Darling from Proactive Investors Canada on Skype from London to talk about their recent royalty deal with the Labrador Iron Ore Royalty Corp. That gives Anglo a big play in Canada. Treger also talked about well the company is...

on 10/15/2018

2 min read