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coal investing

Guildford Coal Makes First Shipment of Coal

Written by Investing News Network
|
Mar. 11, 2015 04:42AM PST

Australian Mining reported that Guildford Coal Ltd. (ASX:GUF) has made its first shipment of 6,000 tonnes of coal.

Australian Mining reported that Guildford Coal Ltd. (ASX:GUF) has made its first shipment of 6,000 tonnes of coal.

As quoted in the market news:

The miner has sent the shipment from its Baruun Noyon Uul coking coal in South Gobi, Mongolia, to Baotou Iron & Steel in China.

Following this initial shipment the miner has now lined up its next shipment of 20,000 tonnes for Jiuquan Iron & Steel, which is part of a wider 60,000 tonne contract to be completed over March and April.

Click here for the full Australian Mining report

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