Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 09:48, April 12, 2006
China's top coal producer to develop Xinjiang coal mines
font size    

China's biggest coal producer, China Shenhua Group, plans to invest 37.5 billion yuan (4.6 billion U.S. dollars) by the year 2011 to build coal mining facilities in the northwestern Xinjiang Uygur Autonomous Region.

The Xinjiang subsidiary of the state-owned Shenhua Group will build new mines with an annual capacity of 16 million tons, China Daily reported Wednesday.

The company will also develop a 3.2-million-ton-per-annum coal liquefaction project, auxiliary generation facilities, as well as railways to transport coal from the region, according to a statement from the National Development and Reform Commission (NDRC).

These projects are scheduled to come on stream by the year 2011, according to the NDRC statement. NDRC statistics also show that estimated coal reserves in Xinjiang amount to 2.19 trillion tons, 40 percent of China's total.

"Xinjiang is the focus of our future development because of the region's coal reserves," a company official from Beijing-based Shenhua told China Daily, who also confirmed the new spending in Xinjiang.

"The biggest hurdle for developing Xinjiang's coal reserves is transportation - we just cannot get the coal out of there cheaply, " Zhu Deren, vice-president of the China Coal Industry Association, was quoted as saying.

But with the coming of new rail facilities as well as advanced technology to turn coal into oil, there are good prospects for those developing coal reserves in Xinjiang, Zhu added.

Source: China Daily


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved