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Puda Coal Announces Conference Call to Discuss Third Quarter 2010 Results

2010-11-11 14:27 1590

TAIYUAN, Shanxi, China, Nov. 11, 2010 /PRNewswire-Asia-FirstCall/ -- 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 third quarter 2010 financial results on Monday, November 15, 2010 at 9:00 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 235 546 81.

A replay will be available for 14 days starting on Monday, November 15, 2010 at 10:00 a.m. Eastern Time and can be accessed by dialing (800) 642-1687 (international callers dial (706) 645-9291) and entering passcode 235 546 81.

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  

Investor Relations Contact:


Elaine Ketchmere, Partner


CCG Investor Relations


+1-310-954-1345        


elaine.ketchmere@ccgir.com




Crocker Coulson, President


+1-646-213-1915


crocker.coulson@ccgir.com


www.ccgirasia.com




Company Contact:


Laby Wu, Chief Financial Officer, Director of Investor Relations


Puda Coal, Inc.


+86-10-6439-2405


labywu@gmail.com


www.pudacoalinc.com



Source: Puda Coal, Inc.
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