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SouthGobi Sets New Coal Shipment Record of 441,665 Tonnes of Coal in August
Sep. 06, 2011 07:39AM PST
Industrial MetalsSouthGobi Resources Ltd. (TSX:SGQ) reports that it has set a new coal shipment record of 441,665 tonnes of coal shipped in the month of August.
The press release is quoted as saying:
SouthGobi anticipates shipping rates to continue to increase through the remainder of the third quarter.
SouthGobi’s President and CEO, Alexander Molyneux says:
“We have seen a continual increase this quarter in capacity being allocated by customers to collect our coal.” “We are pleased to see our shipping rate reach a level of approximately 5.3 million tonnes of coal per year on an annualized basis so soon, which is on track to meet our targets.”
Click here to access the entire news release.
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