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Asia leads coal demand

Western Coal Corp. is flying high thanks to continued demand for metallurgical coal in Asia.

Western Coal Corp. is flying high thanks to continued demand for metallurgical coal in Asia.

The Vancouver-based company said its coal production increased 90 per cent for its fiscal second quarter 2011 (ending September 30) when compared with the same quarter last year.

In total, the company produced 1.5 million tonnes of coal during its last quarter compared with 805,000 tonnes for the same period the year before.

Western said the new target represents a 91 per cent increase from the 3.2 million tonnes of coal it produced in fiscal 2010.


from Western Investor, November 2010