Puda Coal New Inc. (PUDC.OB) Finds Coking Coal Leading its Growth in China
Some may say investment in coal is a bet against the environment. Others will say that an investment is an investment regardless of any particular point of view. One would be unwise not to look at coal in China and understand whether there is opportunity or not. From this perspective, coking coal in China could hold potential as the world economy begins to exit its current downturn. Puda Coal Inc., a Chinese provider of coking coal, primarily used in the manufacture of steel products, has recently received provincial approval to consolidate and maximize manufacturing capabilities. Currently, the company has a…