Coal & Allied 2Q Saleable Production Up 10% On Quarter, 4% On Year

14th Jul 2010 05:36

MELBOURNE (Dow Jones)--Coal & Allied Industries Ltd. (CNA.AU) said Wednesday its share of total saleable production in the three months to June 30 rose 10% on the previous quarter and 4% for the same period last year. The company said in a statement that it ramped up production of semi-soft coking coal by 18% over the fiscal second quarter to take advantage of relatively high prices for the commodity. It reiterated full year production guidance of 27 million metric tons. -By Neil Sands, Dow Jones Newswires; 61-3-9292-2095; [email protected] (END) Dow Jones Newswires July 14, 2010 00:36 ET (04:36 GMT)