Thursday, 16 June 2011
20 million mt capacity coal reserve storage facilities are to be built at Lidu port, in Poulin, Chongqing, China, according to the local newspaper Chongqing Daily.
Local power supply company Chongqing Jiulong Electric Power Co., Ltd. has an installed power generation capacity of 2,143,500 kilowatts, including thermal power generation of 1.67 million kilowatts. In the January-May period of the current year, the company purchased 2.74 million mt of coal. It is predicted the coal stocks of the company will total 720,000 mt by the end of June, accounting for over four percent of coal inventory in Chongqing. (By steelorbis)
Tags: coking coal , China , raw mat , Far East , East Asia and Pacific , mining , investments
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