Pinnacle records 24% rise in pellet sales

Net profit remains positive despite higher production and financing costs

Over the course of the second quarter Canadian pellet producer Pinnacle Renewable Energy Group Inc. (Vancouver, British Columbia) sold a total of 478,000t (April-June 2018: 385,000t) pellets, corresponding to a 24.2% increase compared to last year. The increase in production is due principally to the Smithers pellet ...

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