“We are pleased the Rosa mine and wash plant are beginning to operate at our commercial production target of 120,000 tons per year of clean coal,” said Neil MacDonald, CEO, NovaDx. “As we expected, our Rosa wash plant is producing a high-quality product, and we recently negotiated higher contract prices for our coal in 2012. Accordingly, we anticipate our average selling price moving toward $180/ton in this calendar quarter. We are continuing to look for ways to improve mine and wash plant efficiencies, with the goal of exceeding our targets.”
