China's Shenhua Sets Sights on Mongolian, Indonesian Coal Mines to Boost Production

IBTimes Monday 26th March, 2012

China Shenhua Energy Co Ltd., told reporters in Hong Kong on Monday. A unit of Shenhua Group Corp., the company last week reported its 2011 net profit rose 18 per cent from a year ago spurred by higher domestic coal prices and increased production volume, as well as the injection of some $1.3 billion of assets from its parent last year. China's s...


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