Coal Investing News » Global Coal Sales Group plans to boost Asian coal sales

Global Coal Sales Group plans to boost Asian coal sales

December 4, 2009 @ 2:38 pm In Coal Market News

Global Coal Sales Group, expects to sell up to 4 million tonnes a year of coal to Asia within the next 3-4 years.

The news release is quoted as saying:

Global Coal Sales Group is a joint venture between Ohio utility FirstEnergy Corp (FE.N) and Boich Companies formed last year.The firm bought control of the Bull Mountain mine in Montana-later renamed Signal Peak-which was struggling to produce a few hundred thousand tonnes a year.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.reuters.com/article/idUSJAK47646520091203