00975 MONGOL MINING
- 10.320
- -0.200-1.90%
MONGOL MINING News
MONGOL MINING (00975) issues 1.02 million shares due to exercise of share options
According to Zhitong Finance App, MONGOL MINING (00975) announced that on April 26, 2024, the company will issue 1.02 million shares in accordance with the share option plan.
蒙古焦煤：年度報告 2023
MONGOL MINING (00975) issues a total of 562,500 shares as a result of the exercise of share options
MONGOL MINING (00975) issued an announcement on April 25, 2024, according to the public...
Changes in Hong Kong stocks | Mongolian coking coal (00975) rose more than 7% in the second round, boosted market sentiment and demand expectations for coking coal increased
Mongolian coking coal (00975) rose more than 7%. As of press release, it rose 7.74% to HK$10.02, with a turnover of HK$29.933 million.
Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
MONGOL MINING (00975.HK): Total raw coal mining volume of UHG and BN mines increased 16% month-on-month in the first quarter
Gelonghui, April 22 | MONGOL MINING (00975.HK) announced that for the quarter ended March 31, 2024, the total raw coal mining volume of the Group's UHG and BN mines was 3,563.7 thousand tons. Compared with the period ended March 31, 2023 and the quarter ended 31 December 2023, a year-on-year decrease of 8% and a 16% month-on-month increase, respectively. The Group processed a total of 3,694.6 thousand tons of coking coal raw coal to produce 2,161.7 thousand tons of washed coking coal products. Compared with the period ended March 31, 2024, the year-on-year increase of 47
Debon Securities: Coal supply declined in March, focus on the pace of subsequent economic recovery
Steady economic recovery and large-scale equipment upgrades are expected to support coal demand.
Further Upside For Mongolian Mining Corporation (HKG:975) Shares Could Introduce Price Risks After 34% Bounce
Mongolian Mining Corporation (HKG:975) shares have had a really impressive month, gaining 34% after a shaky period beforehand. The annual gain comes to 237% following the latest surge, making inves
Changes in Hong Kong stocks | Mongolian coking coal (00975) rose more than 10%, steel mill price pressure momentum is no longer strong, supply and demand for coking coal is still tightening throughout the year
The Zhitong Finance App learned that Mongolian coking coal (00975) rose by more than 10%. As of press release, it had risen 10.54% to HK$10.28, with a turnover of HK$46,197 million. Guotai Junan believes that through eight rounds of consecutive declines in coke prices at the beginning of the year, the steel industry's profit per ton of steel has recovered to an average of 200 yuan/ton in 2023, from the industry's loss situation to profit. Judging that in the context of profit recovery, the momentum for continuing to reduce the price pressure on the coke side is not strong; moreover, coking companies have lost money throughout the industry and carried out comprehensive production restrictions to raise prices. It is expected that the price has basically reached the bottom. The bank believes that taking into account all
Changes in Hong Kong stocks | China Coal Energy (01898) rose nearly 4%, leading the way, coal stocks, coal capacity reserve policies implemented, and the pattern of tight supply and demand remains unchanged
Coal stocks generally rose in early trading. As of press release, China Coal Energy (01898) rose 3.39% to HK$8.24; Mongolian coking coal (00975) rose 2.54% to HK$9.27; China Shenhua (01088) rose 1.55% to HK$32.8; and Yankuang Energy (01171) rose 1.47% to HK$17.98.
Changes in Hong Kong stocks | Mongolian coking coal (00975) rose more than 4%, coking coal futures rebounded strongly, agencies say coking coal prices may have bottomed out
The Zhitong Finance App learned that Mongolian coking coal (00975) rose by more than 4%. As of press release, it had risen 4.12% to HK$8.85, with a turnover of HK$365.01 million. According to the news, the main coke futures contract of major trading companies surged by more than 5% in the intraday period, and the main coking coal futures contract rose nearly 4%. Bosheng Futures pointed out that concerns about the supply of coal mines still exist, and the overall atmosphere of black has improved, leading to a low rebound in coking coal futures. Currently, the 5 refined coal of Ansha River Yimeng has been transferred to 1,675 yuan/ton, down 80 yuan/ton from the previous month, equivalent to the warehouse receipt cost of 1,450 yuan/ton. March 31, “Stable Coal Production and Stable Supply of Workers in Shanxi Province 2024
China to Establish Coal Capacity Reserve System by 2027
China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday.
Guotai Junan: Coking coal prices may reach the bottom zone in 24 years, and there is a possibility of a “V” reversal
After experiencing 7 rounds of price cuts, the profits of independent coking companies across the country according to MySteel have dropped to -155 yuan/ton. Many companies have been forced to limit production by smoldering, and the resistance to continued steel price cuts is strong. It is expected that coke prices will basically reach the bottom.
Changes in Hong Kong stocks | Yankuang Energy (01171) rose nearly 5%, leading the rise in coal stocks and coal prices are expected to bottom out, and institutions are still optimistic about the coal sector's valuation increase
Coal stocks picked up collectively. As of press release, Yankuang Energy (01171) rose 4.11% to HK$16.72; China Coal Energy (01898) rose 3.28% to HK$7.87; China Shenhua (01088) rose 2.39% to HK$32.1; and Mongolian coking coal (00975) rose 2.04% to HK$8.
华泰证券：煤炭供应或仍保持一定韧性 淡季需求将考验煤价支撑
在淡季需求的环境下，当前已处于高位的库存或进一步面临去库压力，整体供需趋宽松，煤价支撑偏薄弱。
The Gap in Coal Supply After the Baltimore Bridge Collapse
The Baltimore bridge disaster has opened a brief opportunity for Australian coal exporters to fill a big gap in Indian coal imports -- especially coal needed by brick makers in the world's most populous nation.
Mongolian Mining (HKG:975) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to rui
Changes in Hong Kong stocks | Mongolian coking coal (00975) rose more than 4%. In 2023, the company's equity holders should account for profit of about US$240 million, an increase of 3.05 times year-on-year
Mongolian coking coal (00975) rose by more than 4% and rose 4.35% at press time to HK$9.59, with a turnover of HK$27.5 million.
Mongolian Mining Logs 305% Rise in 2023 Profit
Mongolian Mining (HKG:0975) recorded a 304.9% rise in attributable profit for the year ended Dec. 31, 2023, to $239.7 million from $59.2 million in 2022, a Monday filing posted on the Hong Kong bourse
MONGOL MINING (00975.HK): Adjusted EBITDA increased by 280.4% to US$509 million in 2023
On March 25, GLONGHUI | MONGOL MINING (00975.HK) announced that for the year ended December 31, 2023, the Group generated a record high revenue of about US$1,034.8 million, an increase of 89.5% over the previous year. The Group's profit before interest, tax, depreciation and amortization (“adjusted EBITDA”) adjusted for other non-cash items was approximately US$509 million, an increase of 280.4% over the previous year. The Group's profit attributable to the company's equity holders was US$239.7 million, while the 2022 fiscal year recorded a profit attributable to the company's equity holders of US$59.2 million. In the report
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