Shenhua Net Income Rises 20% on Sales, China Coal Demand
Bloomberg reported that Shenhua Energy Co. (HKG:1088) reported higher net income due to increased demand for coal.
Articles Tagged "shenhua"
Shenhua is awaiting Land Decision in the UK
Optuszoo, the Chinese-owned coal giant who wants to acquire 22,000 hectares and have been caught in the area of its coal exploration lease declared that a decision is imminent from the Foreign Investment Review Board after a request from the Shenhua Group to establish a pastoral company on the Liverpool Plains in New South Wales. [...]
China Shenhua Energy will double Coal Capacity by 2014
China Shenhua Energy Co Ltd has planned to double its annual coal output capacity by 2014 from this year’s level. For full story, click here
China Shenhua Energy denies giving ground on export coal price
China Shenhua Energy Co, the country’s top coal producer is expecting Japanese and South Korean clients to pay at least as much as Chinese customers for this year’s annual contract prices. For full story, click here
China Shehua Energy's Q1 profit surged by 17.2 percent
China Shenhua Energy Co., the country’s biggest coal producer, declared that its first-quarter profit surged 17.2 percent, supported by higher prices and a revival in demand thanks to the government’s economic stimulus spending. For full story, click here
China Shenhua forecasts record net as stimulus boost coal use
China Shenhua Energy Co., the nation’s leading coal producer may post a record profit for a second year in 2009 as government efforts to boost economic growth and rise in demand for the fuel. For full story, click here
Coal Sees Glimmer Of Light
After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.
Chinese coal miner pays 186 mln dlrs for Australia licence
China Shenhua Energy, the country’s largest coal miner, said it had paid 299.9 million Australia dollars (185.7 million US dollars) for a coal exploration licence in Australia. For full story, click here
