Friday, July 30, 2010

Macarthur Coal

Macarthur Coal announced full-year sales figures, with a record 5.32 million tonnes of coal sold. The figure represents a 15.3 percent increase compared to the previous year, and comes despite a fall in sales during the June quarter. Macarthur attributed the positive result to increased production - which rose 7.7 percent - and a sell-down of coal stocks.