The company has proposed to the Department of Environment and Natural Resources a five-year spending plan that includes capital expenditures, production costs, and operating expense.
World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.
The facility in Hami city is just the latest in a series of coal-to-oil developments greenlit in recent years in the mining hubs of Xinjiang, Shaanxi, Ningxia and Inner Mongolia.
The company launched international arbitration proceedings in 2020, arguing Warsaw breached bilateral treaties by blocking its investment in two coal mines.