Coronado Global Resources Inc. announced Q4FY22 activities report

Coronado Global Resources Inc. (ASX: CRN) announced Q4 quarterly activities report as follows:

• The company’s revenue was up 66.2% to AU$3,572 million in Q4 FY22 from Q4FY21 revenue of AU$2,148 million.
• In FY22, Coronado returned AU$700 million in dividends to shareholders in accordance with its distributions policy.
• Its capital expenditure for FY22 was AU$185 million, and the company records further debt reduction and strong annual cash generation end of the year with closing cash of AU$335 million and net cash of AU$92 million.
• The company’s average mining costs per tonne sold were AU$88.4 per tonne in FY22 due to continued high inflation and wet weather.
• It has appointed Mr. Douglas Thompson as CEO following Gerry Spindler’s retirement as CEO and subsequent appointment as Executive Chairman.

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