Coal output at two leading Chinese miners rises MoM in May

Two leading Chinese coal miners headquartered in Beijing, China Shenhua Energy Co., Ltd. and China Coal Energy Co., Ltd., both reported higher coal production on month in May, according to the latest monthly reports from the two companies.

Last month, China Shenhua's coal output reached 41.7 million tonnes, up 2.7% from April despite a 4.1% drop on year. Meanwhile, its industry peer, China Coal Energy, recorded a 7.9% on-month rise in its May output, with the volume being 10.81 million tonnes. Compared with the previous year, the