Global Coal Sales Group plans to boost Asian coal sales

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