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coal-investing

Shenhua Coal-To-Fuels Output May Quadruple by 2015

Investing News Network
Nov. 30, 2010 11:01AM PST
Industrial Metals Investing

Bloomberg.com reports that Shenhua Coal intends to quadruple production by 2015 to meet Chinese demand.

Bloomberg.com reports that Shenhua Coal intends to quadruple production by 2015 to meet Chinese demand.

The story is quoted as saying:

China, the world’s biggest producer of coal, started its first coal-to-fuels plant in 2008 to help meet surging energy consumption. Shenhua Group, operator of the 1 million-ton-a-year facility in Inner Mongolia province, is the only company making fuels from coal after the government limited such projects in 2008 to conserve coal resources

To access the full story, click here.

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