Kangaroo Resources narrows H1 loss

Company News


Coal explorer Kangaroo Resources Limited (ASX:KRL) has narrowed its half year loss to $6.4 million compared to $7 million for the same time last year.

The Indonesian focused company has progressed its operations at its key coal projects in conjunction with its major shareholder PT Bayan Resources.

Kangaroo Resources achieved record monthly coal production of over 30,000 metric tonnes at its Mamahak project last month.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?