InvestorIdeas.com Launches New Investor and Industry Portal CoalSectorStocks.com Following Coal Stocks and Growth in the Coal Industry
POINT ROBERTS, WA (PRWEB) February 25, 2006
http://www.CoalSectorStocks.com, a global investor and industry news portal for coal sector stocks, (a portal within the http://www.InvestorIdeas.com umbrella of investor portals) is pleased to offer interested investors a new resource tool for researching the sector. During the past twenty years, the coal market has developed rapidly and according to data from the US National Mining Association, coal production is anticipated to reach 1.16 billion tons, 3.2 percent higher than 2005. The demand and growth due to rising energy prices has created new interest in coal stocks and investing in the sector.
China is a major factor in the global coal market with the majority of China’s energy production still generated from coal. China is currently the world’s leading coal producing country, producing 2.11 billion tons of coal in 2005. In addition to energy generation, certain types of coal are also essential to the production of steel – this application is also a significant factor in the expansion of China’s coal market. Puda Coal, Inc. (OYCBB: PUDC), a Chinese coking coal producer and Yanzhou Coal Mining Company Limited (NYSE:YZC), provide insight into the critical driving forces behind this particular sector (Also visit our China-Asia portal http://www.China-AsiaStocks.com for recent articles on the coal and steel industries).
As China continues to expand its infrastructure, demand for coal is on the rise globally and within China. Chinese coking coal producer Puda Coal is benefiting from domestic construction’s need for steel, which has increased 25% in the first seven months of 2005. “Driving the demand for coking coal is the mass construction of infrastructure projects that require the use of large amounts of steel, and coking coal is essential in making coke, which is largely used in the steel making process,” explains Puda Chairman and Chief Executive Officer Zhao Ming. “We are now very well positioned to capture the intense demand for the high grade coking coal helping fuel China’s industrial revolution.”
Yanzhou Coal Mining Company Limited also shows great confidence in the coal market. According to a company representative, ”China’s coal consumption will continue to grow. A major driving factor is China’s high economic growth, which drives the demand for coal. In 2006, it is expected that coal consumption in China will reach 2.17billion short tons, an increase of 0.13 billion short tons from 2005.”
Featured Company Puda Coal, Inc.: (CSS and CAS are compensated by Puda Coal as disclosed in disclaimer.)
Puda Coal, Inc. (OTCBB: PUDC) through its affiliates and controlled entities, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently produces 1.5 million metric tons of cleaned coking coal annually, and management believes it is one of the largest suppliers of top grade coking coal in the Shanxi province of China. Shanxi province provides 20-25% of China’s coal output and supplies nearly 50% of China’s coke. http://www.Puda-Coal.com
Puda Coal Inc (OTCBB: PUDC) presented in the recent China-Asia Online Conference held on February 22, 2006, ‘Opportunities for Investing in China’s Growth’: To review this presentation please visit: http://www.investorideas.com/forums/Media/CAS/PUDA/PUDC.htm
For additional information on Puda Coal, Inc., click here: http://www.china-asiastocks.com/CO/PUDC/Default.asp or to view their short corporate video, click here: http://www.impactmovie.com/puda_coal/
http://www.CoalSectorStocks.com (CSS) and http://www.China-AsiaStocks.com (CAS), portals within the InvestorIdeas.com content umbrella, offer investors research, news, blogs, RSS Feeds, conferences and links to public companies within the coal industry and China-Asia sector. CSS and CAS do not make recommendations, but offer unique free information portals to research news, articles, interviews and a growing list of participating public companies in each sector.
Our Current List of Coal Stocks: http://www.coalsectorstocks.com/CSS/Stock_List.asp
Our Current List of China-Asia Stocks: http://www.China-AsiaStocks.com/Companies/China-AsiaStocks/Stocks_List.asp
To visit our China-Asia portal in Chinese click here: http://www.china-asiastocks.com/CAS/
Investor Incite Newsletter
InvestorIdeas.com free “Investor Incite” Newsletter consists of company and industry updates, investment research and developing trends in key areas such as Mining, Coal, Energy, China-Asia Sector and more.
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Investorideas.com Disclaimer: http://www.InvestorIdeas.com/About/Disclaimer.asp Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated for by its “featured companies.” Puda Coal, Inc. (OTCBB: PUDC) Four thousand dollars per month.
For More Information Contact:
Dawn Van Zant 800-665-0411
Fei Wang 866-948-0848
108007140953 (North China)
108001400932 (South China)
Email: dvanzant @ investorideas.com or fwang @ investorideas.com
Source: CoalSectorStocks.com, Puda Coal, Yanzhou Coal Mining Company Limited
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