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Wednesday, January 11, 2012

130 billion tonnes of new coal reserves discovered in Xinjiang in 2011

Wednesday, 11 Jan 2012

According to Mr Zeng Xiaogang head of the Bureau of Geology and Mineral Resources in the Chinese autonomous region of Xinjiang, in 2011 a total of 13 new coal deposits were discovered in the region, amounting to an aggregate of 130.7 billion tonnes of new coal reserves.

The total investment in the relevant coal mining projects has reached CNY 9.266 billion.

According to Mr Zeng, in 2011 Xinjiang also discovered 11 large and medium-sized iron ore mines, with total new reserves reaching 300 million tonnes.

(Sourced SteelOrbis)

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