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    coal investing

    New World Resources Produces Less Coal in 2011

    Investing News Network
    Feb. 23, 2012 09:27AM PST
    Industrial Metals

    Platts reported that New World Resources (LSE:NWR) reported a drop in coal production for 2011.

    Platts reported that New World Resources (LSE:NWR) reported a drop in coal production for 2011.

    As quoted in the market news:

    Coke production for the year totaled 770,000 mt, down 23% on-year, with external sales of 555,000 mt, also falling 50% from 2010. NWR attributed the lower volumes to the closure of the Jan Sverma coking plant at the end of 2010.

    Click here to read the full Platts report.

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