Stanmore Resources LtdASX: SMR

Material increase to quarterly coking coal benchmark

· Issued by Stanmore Resources Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Stanmore Resources Ltd reports a significant increase in the quarterly benchmark price for semi-soft coking coal, which has been set at a new high compared to the previous quarter. The company notes that this increase is a result of negotiations between Australian producers and steel mill customers, reflecting a tight market for coking coal. With operations at the Isaac Plains Coal Mine now stable, Stanmore is positioned to benefit from this price surge as it continues to supply coal to major customers in Asia.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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