Corsa's coal sales volume growth above 20% for fifth consecutive quarter

Improvements in the metallurgical coal market has pushed US-focused coal producer Corsa Coal to a second quarter profit, and marked the company’s fifth consecutive quarter of growth of 20%, or greater, in metallurgical coal sales volumes. Canonsburg, Pennsylvania-based Corsa reported positive net and comprehensive income of $4.6-million, or $0.03 a share, an increase of 157% from the second quarter of 2016’s loss of $8-million, or $0.10 a share.