China approves two coal mine projects

Time:2019-10-21 10:06:54      Source: xinhuanet.com

The National Development and Reform Commission, China's top economic planner, has approved two coal mine projects with combined investment totaling 9.36 billion yuan (about 1.32 billion U.S. dollars).

The construction of the two projects is conducive to ensuring energy supplies, the commission said in a statement on its website.

The two projects, one located in Shanxi Province and the other in Inner Mongolia Autonomous Region, will each have an annual production capacity of 5 million tonnes.

The projects are not allowed to expand coal production beyond the approved capacity, according to the statement.

The commission also asked the two projects to use energy-saving facilities and strictly follow safety laws and regulations to ensure workplace safety.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-18
Shuozhou 5200 435 0 FOR 06-18
Ordos 5500 415 0 ex-mine 06-18
Yulin 6200 535 0 ex-mine 06-18
Liulin Low-sulphur 560 0 ex-mine 06-18
Gujiao Low-sulphur 1095 0 FOR 06-18
Xingtai Low-sulphur 1210 0 ex-Factory 06-18
Yangquan PCI 770 0 FOR 06-18
Index RMB/t WoW WoW% Date
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