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News Saturday, 10 Jan, 2009
Shenhua output in H1 up by 17%

It is reported that Shenhua Energy produced 17% more of coal in the first half of 2008, as it raced to meet shortfalls in the world's fourth largest economy.

Shenhua Energy produced 89.6 million tonnes of coal in the first six months and its coal sales rose by 17.7% YoY to 115.1 million tonnes in the same period. However, its exports slid by 13% YoY to just 10.6 million tonnes in the six month period.

The state run firm has said it planned to keep 2008 exports flat, holding back the fuel, which fires three quarters of the country's power capacity for use at home.

 
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