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UNDERGROUND

Longwalls give Centennial a boost in third quarter

The higher mix of domestic sales held back the average selling price.

Lou Caruana
Underground at Centennial Coal's Mandalong mine in NSW.

Underground at Centennial Coal's Mandalong mine in NSW.

The more productive longwalls helped lower the average cost of sale 26% from 2Q19 to A$65.3 per tonne, and lifted the gross profit margin to 27% from 11% previously. Centennial's sales of 2.8 million...

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