Chinese firms agree to explore coal block in Queensland

21:24, October 09, 2010      

Email | Print | Subscribe | Comments | Forum 

An agreement to explore and develop an Australian coal project was signed Saturday by China Coal Geology Engineering Corporation (CCGEGC) and Wanbei Coal-Electricity Group Co., Ltd. in Hefei, capital of east China's Anhui Province.

The partners will carry out a five-year exploration and development venture in the Wallumbilla exploration block, which covers 924 square kilometers in Queensland's Surat Basin, according to the agreement.

The project is expected to identify a reserve more than 10 billion tonnes, and the creation of 10 to 15 coal mines would yield 50 to 80 million tonnes per year, said Ge Jiade, chairman of the board of Wanbei Coal-Electricity Group Co.,Ltd.

China's largest coal exploration enterprise, Beijing-based CCGEGC has applied for seven exploration permits to jointly exploit coal and ore reserves in the states of Queensland and Tasmania with local companies. The applications are under consideration, according to a CCGEGC source.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion