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anglo pacific group plc

Thermal, steam coal shipments at major ports rises 24% at 51 mt in H1

Coal shipments, both thermal/steam and coking coal, handled by the 12 state-run ports saw a jump in the first half of FY19.

The ports handled 51.452 million tonne (mt) of thermal and steam coal in the April to September period, against 41.473 mt in the same period a year ago, registering a growth of 24.06 %.

The ports handled 26.459 mt of coking coal during the period (against 24.266 mt a year earlier), clocking a growth of 9.04 %, according to the Shipping Ministry.

 

Anglo Pacific Group PLC (LON:APF) is a global natural resources royalty company. The Company’s strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

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