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Mongolian Mining's raw coal production down by 31% YOY in Q3

Mongolian Mining Corporation's output of raw coal dropped by 31% from 3.38 million tons in the third quarter and rose by 280% from 614,400t in the second quarter due to the COVID-19, according to its production report released on October 19.

During the same period, the company processed 2.24 million tons of raw coking coal, down by 22% from 2.86 million tons of a year earlier and up by 210% from 721,600t in the second quarter.

In the third quarter, the coking coal output of Mongolian Mining was 1.06 million tons, down by 24% from the same period of last year and up by 198% from the previous quarter. Its coking coal sales reached 1.21 million tons, up by 8% year-on-year and 65% month-on-month.