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July 20, 2009

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Coal firm's output

CHINA Coal Energy Co, the country's second-largest coal producer, last Saturday said it produced 52.67 million tons of coal in the first half this year, up 5.4 percent year on year.

The Beijing-based firm said in a statement to the Shanghai Stock Exchange that last month alone it produced 10.64 million tons of coal, up 24.2 percent from a year earlier. The Shanghai-listed company jumped 7.39 percent last Friday to 14.53 yuan (US$2.13) per share. Chinese coal producers sold 1.23 billion tons of coal in the first six months, a rise of 42.26 million tons, or 3.55 percent, from the same period last year.


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