Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
MEGTEC Systems today announced that its China subsidiary has been contracted to build the largest plant in the world to capture and eliminate ventilation air methane (VAM) from the Datong coal mine in China’s Chongqing municipality. The agreement was formally signed between MEGTEC and a three-way joint venture partnership comprised of AES Climate Solutions Asia (a wholly-owned subsidiary of AES Corporation), Shenzhen Dongjiang Environmental Renewable Power Company Ltd., and Songzao Coal and Chongqing Electricity Company Ltd., a wholly-owned subsidiary of Chongqing Energy Investment Group. Read the full report
