China Shenhua's coal output, sales both jump 10% YoY in January

China Shenhua Energy Co., Ltd., a listed arm of the country's top coal and power producer China Energy Investment Corporation, saw its coal output in January jump 10% on year to 27.4 million tonnes, the company said in its latest monthly operation report.

Meanwhile, the company's coal sales also climbed by a similar 9.9% on year to 33.2 million tonnes. China Shenhua mainly sells thermal coal from its own mines and from third-party purchases, with electric power firms and coal trading companies being its major customers, Mysteel Global notes. China Shenhua attributed the