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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: 99.86 GBX

LSE:APF
Market: LSE
Market Cap: £176.88 m
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Anglo Pacific Group 'very excited' about US government plan to invest $25m...

Anglo Pacific Group PLC's (LON:APF, TSX:APY) Julian Treger talks to Proactive London's Katie Pilbeam about the impact of the US government development bank investing $25m in London-based mining investment company TechMet. Treger explains the potential implications for Anglo Pacific and...

on 8/10/20

2 min read