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Puda Coal Inc PUDA

Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal), which it controls through 90% indirect equity ownership. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned, coking coal to coke and steel makers. Its primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin, China. It purchases raw coal from a diversified pool of local coal mines in Shanxi Province.


GREY:PUDA - Post by User

Comment by coldheaton May 16, 2013 2:28pm
44 Views
Post# 21404494

RE: Secretary of the BOD ... Recruiter ... new job

RE: Secretary of the BOD ... Recruiter ... new job

Yes, it certainly appears unrelated.

I have been somewhat curious about these companies. I realize China needs methane, (natural gas) but coal based or coal bed methane seems to me to have way to much cost built into it as opposed to fracking and drilling.Unless they just stumble into a big pocket, the total cubic foot count on the average extraction would be pretty low...

I have always wondered if these things are nothing but scams...

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