INTERNATIONAL COAL NEWS

IPO on agenda for China National Coal

CHINA National Coal will seek approval from the Hong Kong Stock Exchange in mid-November to appro...

Angie Tomlinson

To gain approval the group must go before a listing hearing. According to reports, the IPO would be scheduled towards the end of the year.

South China Morning Post reported the group is expected to include in the listing its coal mining assets with output of more than 50 million tonnes last year, as well as its power generation, aluminium smelting and mining equipment production assets.

China National Coal is China’s largest coal trader and exporter with most of its coal assets in the coal-rich Shanxi Province.

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