Coal giant Yangquan Coal Industry Group Co., Ltd. created all-time highs in its coal sales and railway transport in the first half of 2020, the group said.
The Shanxi-headquartered company sold 4.15 million tonnes of commercial coal over the period, a 12% rise year on year, and its outbound coal railings rose 7.5% on the year to 1.58 million tones.
Since the beginning of this year, its sale companies have worked hard to overcome the impact of the Covid-19 epidemic, actively responded to challenges such as increased supply, shortage of demand, and accelerated declines in prices.
The company's seaborne coal shipment through transport ports totaled 1.53 million tonnes in the first half, up 584,000 tonnes from the same period last year.
Yangquan Coal Industry (Group) Co., Ltd offers coal mining and washing services. The company produces and distributes anthracite, raw coal, and coal chemical products. It also conducts aluminum production, equipment manufacturing, logistics, and estate businesses.
(Writing by Alex Guo Editing by Tammy Yang)
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