Economic Calendar

Thursday, November 27, 2008

Centennial Says Demand for Coal ‘Strong’, Getting Extra Orders

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By Madelene Pearson

Nov. 27 (Bloomberg) -- Centennial Coal Co., Australia’s fourth-largest producer, said demand for coal remains “strong” and the company is confident that any economic slowdown will have a limited effect on forecast export sales.

“The company continues to receive enquiries for coal to be shipped via Port Kembla, with many of these enquiries seeking additional coal over and above already contracted levels as buyers seek to ensure security of supply,” Centennial said today in a statement to the Australian stock exchange.

To contact the reporter on this story: Madelene Pearson in Melbourne on mpearson1@bloomberg.net


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