China approves $756m new coal mine in northern province

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China’s energy administration has approved a new coal mine project with an estimated cost of 4.8 billion yuan ($756 million) in the northern province of Shaanxi, it said on Tuesday.

The mine will have an annual production capacity of 3 million tonnes, the administration said.

($1 = 6.3489 Chinese yuan renminbi)

(By David Goodman)

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