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China Shenhua Energy Co Mined 27.3 Million Mt of Commercially-Ready Coal in October

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Core Tip: China Shenhua Energy Co., the listed subsidiary of Shenhua Group, said at the weekend it mined 27.3 million mt of comme

China Shenhua Energy Co., the listed subsidiary of Shenhua Group, said at the weekend it mined 27.3 million mt of commercially-ready coal in October, up 14.2% year-on-year.

The company sold 46.7 million mt in October, up 14.7% year on year.

China Shenhua Energy exported 300,000 mt of coal in October, up from 100,000 mt a year earlier. Over January-October, Shenhua Energy exported 2.2 million mt of coal, down 24.1% year-on-year.

The company imported 2.5 million mt of coal in October, up from 0.8 million mt a year earlier. Over January-October, Shenhua Energy imported 9.9 million mt of coal, up 52.3% year-on-year.

It did not give a breakdown between thermal coal and coking coal.

It has a coking coal mining capacity of around 20 million mt/year, mainly from Shenhua Group subsidiaries Shenhua Wuhai Energy in Inner Mongolia and Shenhua Ningxia Coal Mining Group in Ningxia Hui autonomous region. Its thermal coal mining capacity is not clear.

Meanwhile, China Shenhua Energy generated 18.35 TWh of electricity in October from its captive power plants, up 13.1% year-on-year. Over January-October, the company generated 187.84 TWh of electricity, up 9.4% on the year.

 
 
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