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Coal & Allied boosted sales 1% in 2009

Coal & Allied boosted sales 1% in 2009

Coal & Allied Industries (ASX:CNA) has announced that it boosted its share of coal sales by 1% in 2009, and lifted production significantly in its fourth quarter.

The company said its total salable production grew by 6% year-on-year in Q4, due to improvements in output at its Hunter Valley mine.

Coal & Allied also announced it had entered into long term-port allocation contracts with Port Warratah Coal Services, which were effective from 1 January.

Can shares have grown 2.9% today to $89.00.

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Tags coalCoal & Allied Industriesfinancial results

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