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Cliffs’ met coal results in red, but company touts expansions

机译:克里夫斯遇见的煤炭结果变成红色,但公司吹捧扩张

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摘要

Cliffs Natural Resources, which posted fourth-quarter and full-year 2009 earnings results last week, took a hit on its metallurgical coal sales in both the quarter and the year. But while the company’s met coal sales margins were in the red for 2009, Cliffs executives said during a February 19 earnings call that international met coal demand has heated up, and the economy is coming out of the recession. Therefore, Cliffs is bringing back its Oak Grove and Pinnacle mining complexes to regular production levels.
机译:上周公布了2009年第四季度和全年业绩的Cliffs Natural Resources对本季度和全年的冶金煤销售均造成了打击。但是,尽管该公司2009年的煤炭销售利润处于亏损状态,但Cliffs的高管在2月19日的财报电话会议上表示,国际煤炭需求已经升温,经济正在摆脱衰退。因此,Cliffs将其Oak Oak和Pinnacle采矿综合体恢复到正常的生产水平。

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