Celsius Coal shares up 11 pct after signing China coal pact

SYDNEY, March 5 (Reuters) - Shares in Celsius Coal CLA.AX rose 11 percent to one Australian cent after the company confirmed it had reached non-binding agreements to sell coal from its mine in Kyrgyzstan to Baoshan Iron & Steel 600019.SS China and Minmetals .

Celsius is developing a metallurgical coal mine in the Central Asian country that could be in production in two or three years.

(Reporting by Lincoln Feast; Editing by Richard Pullin)

((Lincoln.Feast@thomsonreuters.com)(+61 2 9373 1826)(Reuters Messaging: lincoln.feast.thomsonreuters.com@reuters.net))

Keywords: AUSTRALIA CELSIUS/