Monday, March 22, 2010

Coal Output Up 18 Per Cent At China Shenhua Energy

China Shenhua Energy Co Ltd, the country's largest coal producer, announced that coal output rose 18 per cent year-on-year in February. Output was 17.7 million tons.

Sales volume increased 31.3% year-on-year, to 19.7 million tons, of which exports accounted for 1.1 million tons.

This year, Shenhua aims to produce 229 million tons of coal, 8.9% more than in the previous year, with coal sales increasing 7% year on year to reach 272 million tons.

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