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Coal squeeze drives record quarter for Anglo Pacific

London-listed royalties business Anglo Pacific Group has reported record revenue from its portfolio in the September quarter, led by a rapid rise in coking coal prices.

Coal squeeze drives record quarter for Anglo Pacific Coal squeeze drives record quarter for Anglo Pacific Coal squeeze drives record quarter for Anglo Pacific Coal squeeze drives record quarter for Anglo Pacific Coal squeeze drives record quarter for Anglo Pacific

The Kestrel coal mine in Central Queensland, Australia

Portfolio contributions in Q3 doubled quarter-on-quarter and were up by 180% year-on-year at US$23.6 million, beating estimates by analysts at Peel Hunt by 12%.

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