Newfoundland's Peat Bogs to Produce Fuel Pellets for Power Plants in China

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Posted on March 22, 2012 at 04:40 AM EDT

SUGAR LAND--March 22, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)-- Peat Resources Limited (TSV:PET) (Toronto, Ontario) is developing plans to process Newfoundland's abundance of peat into fuel pellets destined for markets in China and Europe. The province holds more than 40 million tons on about 9,000 hectares of land that has been permitted for peat mining.

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