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China Coal Energy's commercial coal output up 7.5% in Jan

Feb. 15, 2012 (China Knowledge) - China Coal Energy Co Ltd<601898><1898>, the country's second-largest coal miner by revenue, produced 9.48 million metric tons of commercial coal in January this year, reflecting a year-on-year increase of 7.5%, according to a statement filed with the Shanghai Stock Exchange.

Last month, China Coal Energy's coke output amounted to 170,000 metric tons, 13.3% more than in January 2011.

The company sold 10.34 million metric tons of coal in January 2012, representing a year-on-year increase of 13.8%. Of the total sales, 8.95 million metric tons of self-produced coal was sold in the domestic market, soaring 28.2% from a year earlier, while domestic coal exports surged 33.3% year on year to 40,000 metric tons.

Last month, China Coal Energy's coal import plunged 83.8% year on year to 60,000 metric tons.

The Shanghai and Hong Kong-listed coal supplier's output value of coal equipment totaled around RMB 600 million in January 2012, down 20.1% from a year earlier.

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