MCM Uitkomst Coal Sales & Marketing Agreement

highs and API4 coal prices averaged $276/ tonne (t) for H1 CY2022, compared to $151/t in H2 CY2021. As a consequence, MC Mining commenced a review of its marketing arrangements for Uitkomst which include the production of various grades of higher quality, low ash pulverised coal injection (PCI) coal, as well as higher-yielding API4 thermal coal. The high API4 prices confirm that the export of ther