SouthGobi Announces Fourth Quarter and Full Year 2025 Financial and Operating Results
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SouthGobi Resources Ltd. announced its financial results for Q4 and full year 2025, reporting a $133.2 million loss from operations, down from a $153.9 million profit in 2024. Sales volume increased to 11.2 million tonnes, but the average selling price fell to $53.5 per tonne due to market challenges. The company has expanded its coal product offerings and improved processing methods, leading to increased exports to China. Additionally, the Mongolian government has initiated negotiations regarding ownership interests in the company's mining licenses, designated as strategically important deposits.
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