China approves 10mt coal mine project in Shaanxi

Reuters | March 4, 2021 | 7:34 am Exploration China Coal 
outh Korea’s National Pension Service, the world’s third-largest retirement fund, faces criticism over potentially weaker-than-expected plans to curb investments in coal.
South Korea has set a deadline to zero out emissions by 2050 (Stock Image)

China’s National Development and Reform Commission on Thursday approved a coal mining project in northern Chinese province Shaanxi with an annual production capacity of 10 million tonnes.

The project, owned by a coal subsidiary of Shaanxi Yanchang Petroleum Group, involved a total investment of 12.43 billion yuan ($1.92 billion).

($1 = 6.4705 yuan)

(By Muyu Xu and Shivani Singh; Editing by Tom Hogue)

Mining.com Recommends

Comments

Your email address will not be published. Required fields are marked *

More News