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Puda Coal Announces Conference Call to Discuss Second Quarter 2010 Results

2010-08-12 14:13 1747

TAIYUAN, Shanxi, China, Aug. 12 /PRNewswire-Asia/ -- Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and a consolidator of twelve coal mines in Shanxi Province, today announced that the Company will host a conference call to discuss its second quarter 2010 financial results on Monday, August 16, 2010 at 10:00 a.m. Eastern Time.

To participate in the live conference call, please dial (877) 409-5558 (international callers dial (706) 679 - 8017) approximately five to ten minutes prior to the start of the call and enter passcode 926 861 33.

A replay will be available for 14 days starting on Monday, August 16, 2010 at 11:00 a.m. Eastern Time and can be accessed by dialing (800) 642-1687 (international callers dial (706) 645-9291) and entering passcode 926 861 33.

About Puda Coal, Inc.

Puda Coal, through its subsidiaries, supplies premium high grade metallurgical coking coal used to produce coke for steel manufacturing in China. The Company currently possesses 3.5 million metric tons of annual coking coal capacity. The Company has recently moved upstream into coal mining, as a consolidator and acquirer of coal mines in Shanxi Province, including the Pinglu projects and the Jianhe projects. On September 30, 2009, Shanxi Coal, a 90% indirect subsidiary of the Company, was appointed by the Shanxi provincial government as an acquirer and consolidator of eight thermal coal mines located Pinglu County in southern Shanxi Province. Shanxi Coal plans to consolidate the eight coal mines into five, increasing their total annual capacity from approximately 1.6 million to 3.6 million metric tons. Shanxi Coal received another approval by the Shanxi provincial government to consolidate four additional coking coal mines into one coal mine in Huozhou County. After the completion of the consolidation, the Jianhe project is expected to increase the total annual capacity from 720,000 metric tons to 900,000 metric tons, according to the Shanxi provincial government’s approval. For more information, please visit http://www.pudacoalinc.com .

For more information, please contact:

Investor Relations Contact:

Crocker Coulson, President

CCG Investor Relations

Tel: +1-646-213-1915

Email: crocker.coulson@ccgir.com

Elaine Ketchmere, VP of Financial Writing

Tel: +1-310-954-1345

Email: elaine.ketchmere@ccgir.com

Web: http://www.ccgirasia.com

Company Contact:

Laby Wu, Chief Financial Officer, Director of Investor Relations

Puda Coal, Inc.

Tel: +86-10-6439-2405

Email: labywu@gmail.com

Web: http://www.pudacoalinc.com

Source: Puda Coal, Inc.
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