PINGDINGSHAN, China – March 31, 2011 - SinoCoking Coal and Coke Chemical Industries, Inc., today announced that the March 31, 2011 deadline initially set by the Henan Provincial Government to complete the consolidation of small- and mid-sized coal mines in that province has been extended to the end of 2011. The new deadline gives consolidators, including the Company, the time needed to work through governmental administrative procedures and complete the consolidation process.By way of background, a plan was initiated in late 2009 by the Henan Provincial Government to consolidate small- and mid-sized coal mines with annual production capacities of 150,000 to 300,000 metric tons. The objectives of this consolidation are to upgrade existing operations, improve employee working conditions, upgrade safety standards, increase output, and protect the environment.
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