ARCHIVE

SunCoke to woo investors

MIDWEST-focused coal company SunCoke will be represented by its senior personnel at an investor m...

Justin Niessner
SunCoke to woo investors

SunCoke chairman and chief executive Frederick Henderson and senior vice president and chief financial officer Mark Newman will participate in the presentation.

SunCoke said coke-making accounted for 80% of its earnings before interest, taxes depreciation and amortization.

The company said it expected its coke production to reach 1.6 billion tons in 2012 and account for 18% of total North American coke production.

Yield/cost improvements in several facilities including a successful start-up in Middletown, Ohio and improvements at Indiana Harbor were also noted by the company.

SunCoke reported a cash position of $US113.5 million with a revolver capacity of nearly $150M in a statement preceding the investor meeting.

In the first quarter of 2012, SunCoke produced an estimated 37,000 tons more coke than in the same period of 2011 and said its total US coke-making capacity utilization was 100% in Q1 2012, up from 95% in Q1 2011.

SunCoke’s facilities are located in Virginia, Indiana, Ohio, Illinois and Vitoria in Brazil.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production