Puda Coal Completes Acquisition of Da Wa and Guanyao Coal Mines in Pinglu County, Shanxi Province
TAIYUAN, Shanxi, China, July 6 /PRNewswire-Asia-FirstCall/ -- Puda Coal,
Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal
used to produce coke for steel manufacturing in China and a consolidator of
twelve coal mines in Shanxi Province, today announced that Shanxi Puda Coal
Group Co.
Puda Coal Comments on Chinese Government's Recent Announcement on Thermal Coal Price Hikes
TAIYUAN, China, June 30 /PRNewswire-Asia-FirstCall/ -- Puda Coal, Inc.
(NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to
produce coke for steel manufacturing in China and a consolidator of twelve
coal mines in Shanxi Province, today responded to the recent announcement by
the National Development and Reform Commission (NDRC) seeking to curb
significant hikes in thermal coal prices.
On June 25, 2010, the NDRC issued an announcement to some of China's major
coal mining players, stressing the importance of adhering to contract coal
prices, with the aim to ease inflation pressure and ensure sufficient supplies
of electricity during the summer.
