Huainan Mining gets approval to build new coal mine

Mar 4, 2011

Huainan Mining Industry Group Co., Ltd., based in East China’s Anhui province, has gained official approval from the National Development and Reform Commission to build East Zhuji coal mine, sources learnt from the company on Feb 27.

With a total investment up to 3.08 billion yuan, Zhuji mine would have coal production capacity of 4 million tonnes per year, Anhui Daily reported..

In 2010, the company produced a total of 66.19 million tonnes coal, and expects coal output to reach 130-150 million tonnes, said the company.

During the period from 2006 to 2010, Huainan Mining had coal production capacity increasing from 30 million to 40 million tonnes per year through technology upgrading to six modern mines.

China sees over 40Mt new coal reserves last yr

Feb 28, 2011 en.sxcoal

China’s newly-added coal reserves amounted to 4.3 million tonnes in 2010, the Ministry of Land and Resources revealed recently.

Meanwhile, proved reserves for oil and natural gas increased 1.15 billion tonnes and 594.55 billion cubic meters in 2010, said the ministry.

As of end-2010, China had a total of 31.28 billion tonnes proven oil reserves and 930 million cubic meters proven natural gas reserves.

And, China witnessed a year-on-year increased of 12.2 percent in oil output to 201 million tonnes in 2010.