CONSOL Energy Inc. (CONSOL), a US-based producer of metallurgical coal, high-Btu thermal coal and natural gas, has concluded the first sale of high-volatile coking coal from its Bailey Mine in Northern Appalachia, destined for Asia.
The sale is for approximately 74,400 mt of coking coal, transported by Panamax vessel, and the cargo is destined for merchant coke plants in the Tianjin/Guafeng area of China. The vessel will be loaded at CONSOL's Baltimore Terminal.
In its press release, CONSOL Energy stated that it is represented in Asia by Xcoal, a marketing and production company for metallurgical and thermal coal, at offices in Beijing, Seoul, Tokyo and Singapore, and that the sale in question was concluded by this company.