Feishang Anthracite Resources Reports Coal Production Rise After Mine Resumption

Reuters
2025/12/31
Feishang Anthracite Resources Reports Coal Production Rise After Mine Resumption

Feishang Anthracite Resources Ltd. announced an update on its business operations and financial measures. The company reported that its four coal mines resumed production in April 2025, with total production volume reaching approximately 986,000 tons from April to November 2025, compared to about 758,000 tons during the same period in 2024. The company has implemented comprehensive coal quality management measures throughout the production and sales process. Feishang Anthracite has also engaged in preliminary discussions with potential investors regarding capital raising, and with potential purchasers in connection with a divestiture plan for Dayun Coal Mine and Liujiaba Coal Mine, though no firm commitments have been made. Negotiations with lenders for repayment proposals are ongoing, with most lenders indicating willingness to delay immediate repayment or consider further flexibility. The company continues to evaluate measures to reduce maintenance costs and lower its debt and gearing ratio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Feishang Anthracite Resources Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11973102), on December 31, 2025, and is solely responsible for the information contained therein.

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