ARCHIVE

SunCoke predicts lower earnings in 2013

SUNCOKE Energy says it expects lower earnings in 2013 due to a $40-per-ton decrease in average sa...

Justin Niessner

As a result, the coke producer estimates full-year adjusted earnings of $205-$230 million, down roughly $40-$50 million from 2012.

The company said it would mitigate the impact of the lower coal sale prices through a plan intended to improve efficiencies and lower costs at its Jewell and Revelation mining operations.

Total coal sales for 2013 are projected to be 1.7 million tons, up slightly from 2012’s 1.5Mt sold.

On the coke side, the company expects production to exceed 4.3Mt, thanks largely to the startup of its Middletown plant in Ohio.

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

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

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