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Puda Coal, Inc (PUDA) [hlAlert]

Puda Coal, Inc. (Puda) is a supplier of metallurgical coking coal to the industrial sector in the People?s Republic of China. The Company?s 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 an entity in China, Shanxi Coal, which it controls through 90% indirect equity ownership. The Company 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 in its geographic market. Puda?s primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin. The Company focuses on value-added coal washing processes and specializes in providing cleaned coking coal, which is the quality level required to produce steel.
( Total: 2 Current Stock Recommendations )
Puda Coal, Inc   (2)
Buy 100%
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