Macarthur Coal (ASX:MCC) Sales Lifted Sharply by Chinese Buyers

  Perth, Australia, Aug 26, 2009 - (ABN Newswire) - China has become a major coal buyer for Australian miner Macarthur Coal Ltd (ASX:MCC) due to weaker demand from its traditional customers such as Japan, Korea and Taiwan.Macarthur Coal has reported a 131.9 per cent lift in annual profit, underpinned by higher coal sale prices. Macarthur Coal's net profit for the year to June 30 was A & #36;168.558 million, up from A & #36;72.684 million a year earlier.  

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