MONGOL MINING (00975) cross-border coal truck trips to GM decreased to an average of 897 per operating day in the third quarter.
MONGOL MINING (00975) announced that for the quarter ended September 30, 2026, Chinese coking coal prices rebounded strongly, mainly due to supply constraints from domestic producers.
MONGOL MINING (00975) has announced that for the quarter ended September 30, 2026, coking coal prices in China rebounded strongly, primarily due to supply constraints among domestic producers.
For the quarter ended September 30, 2026, the number of cross-border coal-laden truck trips to GM decreased to an average of 897 per operating day, representing decreases of 34% and 29% compared with the averages of 1,366 and 1,270 per operating day for the quarters ended June 30, 2026 and March 31, 2026, respectively. Nevertheless, as of September 30, 2026, the year-to-date average was 1,177 trucks per operating day, 15% higher than the average of 1,023 trucks per operating day for the year ended December 31, 2025.
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