LG aims commercial output at its China coal mines

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LG International Corp., the trading affiliate of South Korea’s fourth-largest industrial group, expects earnings from overseas energy operations to rise to as much as half of total profit as five projects start production.

LG aims to begin commercial output at its coal mines in Indonesia and China by the end of this year and from oil blocks in Kazakhstan in the second half of 2009, Chief Operating Officer Ha Young Bong said in an e-mailed response to questions. >> more info