Released on = January 4, 2006, 3:14 pm

Press Release Author = eCon Investor Relations

Industry = Energy

Press Release Summary = Puda Coal, Massey Energy, Fording Canadian Coal Discuss
Growth Factors Driving the Coal Markets

Press Release Body = China-AsiaStocks.com - New Growth Opportunities for the Coal
Industry Due to High Oil Prices and Increased Demand for Steel

Puda Coal, Massey Energy, Fording Canadian Coal Discuss Growth Factors Driving the
Coal Markets

POINT ROBERTS, Wash., January 4th, 2006 - www.China-AsiaStocks.com (CAS), an
investor and industry news portal for the China-Asia sector, provides an exclusive
overview entitled "New Growth Opportunities for Coal Industry Worldwide". The demand
for coal is rising due to high oil prices and increasing applications in steel, with
China as the major driving force. Industry participants BHP Billiton, Puda Coal, a
Chinese coking coal producer, Massey Energy, and Fording Canadian Coal Solar,
provide viewpoints on the critical influences within the current coal industry.

BHP Billiton (NYSE: BHP) Vice President Investor Relations and Communications Mark
Lidiard states, " Metallurgical coal is used in steel making industries, and
incremental demand for metallurgical coal is primarily being driven by the growth in
the Chinese steel market." According to Zhao Ming Chairman and CEO of PUDA Coal
(OTCBB: PUDC), "Mass construction of infrastructures in China, including but not
limited to real estate development, extended urbanization process, west region
development, and 2008 Olympic Games, are driving the demand for steel, therefore
increasing the demand for coking coal.

Both Katharine W. Kenny, Vice President Investor Relations at Massey Energy (NYSE:
MEE) and Susan Soprovich, Director of Investor Relations in Fording Canadian Coal
Trust (NYSE: FDG) agree that limited supply is another driving force for the growth
of the industry. Kenny stated, "The supply of the coal around the world, as well in
the US and elsewhere, has been unable to keep up with the demand. So while demand
has been increasing significantly, the price of coal has also increased due to
supply constraints."

To Read the Full Report Click Here:
http://www.China-AsiaStocks.com/Articles/China_Coal.asp
Overview Excerpt: New Growth Opportunities for Coal Industry Worldwide

By Fei Wang www.China-AsiaStocks.com

January 2006

The world economy is showing signs of accelerating growth, triggering the increasing
demand for coal that has been instrumental in boosting investment in the coal
industry. The coal industry worldwide is presented with new development
opportunities.

Katharine W. Kenny, Vice President, Investor Relations at Massey Energy, explains,
"The demand side is obviously driven by strong economic growth around the world,
from the US and also from China. China is having a major impact on demand around the
world. But right behind China is India and the US. So there has been some
significant economic recovery throughout the world that is driving demand for both
steam and metallurgical coal."



Release Translated: http://www.china-asiastocks.com/CAS/news_releases/puda_01_04_06.asp

Report Translated: http://www.china-asiastocks.com/CAS/News/01_04_06.asp

The CAS Website does not make recommendations, but offers a unique information
portal for investors to explore news, articles, and recent research.

Featured Company: (CAS is compensated as disclosed in disclaimer.)

Puda Coal, Inc. (OTCBB: PUDC) through its affiliates and controlled entities,
supplies premium grade coking coal to the steel making industry for use in making
coke. The Company currently produces 1.1 million metric tons of cleaned coking coal
annually, and management believes it is one of the largest suppliers of top grade
coking coal in the Shanxi province of China. Shanxi province provides 20-25% of
China\'s coal output and supplies nearly 50% of China\'s coke. www.Puda-Coal.com

For additional information on Puda Coal, Inc., click here:
http://www.china-asiastocks.com/CO/PUDC/Default.asp

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Source: China-AsiaStocks.com, BUP, PUDC, MEE, FDG


Web Site = http://www.china-asiastocks.com

Contact Details = Dawn Van Zant 800-665-0411
Fei Wang 866-948-0848
Email: dvanzant@investorideas.com or fwang@investorideas.com

Web Site: www.InvestorIdeas.com

Source: China-AsiaStocks.com, BUP, PUDC, MEE, FDG