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Anglo Pacific Group expects stronger second half with improved commodity pricing

Anglo Pacific Group PLC's (LON:APF) (TSE:APY) Kevin Flynn discusses with Proactive its first half update to June 2020. Anglo reported portfolio contribution of about £18.5mln in the period compared to £25.5mln in the second half of 2019 with the decrease largely due to the recent softening of coal prices. He's expecting the second half of this year to be stronger because of improved coking coal spot prices, the rally in copper and iron ore, along with the backdrop of a recovery in demand from China.

Quick facts: Anglo Pacific Group PLC

Price: 105.716 GBX

LSE:APF
Market: LSE
Market Cap: £192.15 m
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Anglo Pacific Group's (LON:APF) Kevin Flynn discusses its interim results to June 2020. He says while they've reported a decrease in revenue it's important to remember that the period was very much impacted by the uncertainty around coronavirus. ''A key highlight for us is that the vast majority...

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