HONG KONG, HK / ACCESS Newswire / August 14, 2026 / SouthGobi Resources Ltd. (Hong Kong Stock Exchange ("HKEX"):1878)(TSX Venture Exchange ("TSX-V"):SGQ) (the "Company" or "SouthGobi") today announces its financial and operating results for the three and six months ended June 30, 2026. All figures are in U.S. dollars ("USD") unless otherwise stated.
Significant Events and Highlights
The Company's significant events and highlights for the three months ended June 30, 2026 and the subsequent period to August 14, 2026 are as follows:
Operating Results - The Company continues to expand the scale of mining operations in 2026, as well as implementing various coal processing methods, including screening, wet washing and dry coal processing, which have resulted in improved coal quality and enhanced production volume and growth of coal export volume into China. In addition, the Company also continues to expand the categories of coal products in its portfolio, including mixed coal, wet washed coal and dry processed coal, which further increases the Company's coal export volume.
The Company recorded sales volume of 3.5 million tonnes for the second quarter of 2026 compared to 3.0 million tonnes for the second quarter of 2025, while the Company recorded an average realised selling price of $60.6 per tonne for the second quarter of 2026 compared to $52.6 per tonne for the second quarter of 2025. The increase in the average realised selling price was primarily attributable to a greater proportion of premium semi-soft coking coal was sold with an increased average realised selling price during the second quarter of 2026.
