Kangaroo Resources shares were slightly higher on Wednesday after the company delivered and sold its first thermal coal product in Indonesia.

It said it delivered 4200 tonnes to the Cahaya Fajar Katim power station in east Kalimantan. The company added that its GPK project is targeted for production of up to 100,000 tonnes of thermal coal per month by early 2011 and ultimately 3 to 4 million tonnes a year by 2012.