SOURCE: Business Review Australia

Business Review Australia

November 06, 2011 19:34 ET

Shenhua Watermark Coal Gets the Community Involved

SAN DIEGO, CA--(Marketwire - Nov 6, 2011) - Business Review Australia takes a look at Shenhua Watermark Coal. Shenhua Watermark Coal is a subsidiary of the Shenhua Corporation, the world's leading integrated coal based energy company, and is wholly owned by Shenhua Holdings Australia. With power stations, wind farms, rail lines, ports, and coal liquefaction, the vertically integrated Corporation is able to produce 450 million tons of coal per year. But that's not enough for the Chinese energy heavyweight, and Shenhua is looking to increase its production to 600 million tons per year. That's where Shenhua Watermark Coal comes into the picture.

Established in 2008, Shenhua Watermark is currently in the exploration phase for large coal deposits in the Gunnedah region of New South Wales (NSW), Australia. Despite already identifying roughly 9 million in recoverable coal reserves, the company is on hold for production until the NSW government processes its new planning orders for the region. In the meantime, the company has made it a point to engage with the local community as much as possible to ensure complete transparency in all business and exploration activities being carried out by Shenhua.

To learn more, read the full article. http://www.businessreviewaustralia.com/reports/shenhua-watermark

About Shenhua Watermark Coal

Shenhua Watermark Coal Pty Limited is a subsidiary of the Shenhua Corporation (Shenhua), the world's leading integrated coal based energy company. Its main businesses include production and marketing of coal, power generation, railway transportation and port operation.

Shenhua places great emphasis on its social responsibility. This includes sourcing employees from the local community, development of the local economy, and providing funding for education, medical services, job training and infrastructure development.

Environmental management of the exploration and eventual mining activities will be a key priority of Shenhua, and will be a major factor in the success of the Watermark Project.

Shenhua's long-term goal is to establish a world leading, comprehensive energy company. International growth is a significant factor in achieving this goal and Shenhua regard Australia as an important part of this process.

About Business Review Australia

Business Review Australia is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Australia. Business Review Australia is the territory-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news. For more information, contact 1-760-827-7800 or visit http://www.businessreviewaustralia.com/.

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