BUZZ-Australia's Whitehaven hits 2-month high as China coal imports impress

Reuters04-10

(Updates)

** Shares of Australia's Whitehaven Coal rise as much as 4.9% to A$7.72, highest since Feb. 8

** China's imports of all grades of coal from the seaborne market were 97.43 million metric tons in Q1, up 16.9%, according to data compiled by commodity analysts Kpler

** The imports data beat what was being generally expected by officials from industries, state-run utilities and traders

** Private equity giant Vanguard Group has increased its stake in Whitehaven, now holding a 5.005% voting power in co, an exchange filing showed on Wednesday

** Vanguard gained this position on April 4

** Fellow coal miner Yancoal Australia also up as much as 2.2%, highest since March 11

** WHC has fallen 1.1% this year, as of last close

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

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