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China approves USD 347 mn coal mine project

China approved an expansion of a coal mine project owned by Shenhuo Group in Henan province to 2.4 million tonnes from current 900,000 tonnes.


Reuters 14 May 2018, 02:03 PM China
China approves USD 347 mn coal mine project
  • Expansion is part of China's effort to ensure stable energy supplies and optimize its coal industry. (Image Credit: Reuters)

China approved an expansion of a coal mine project owned by Shenhuo Group in Henan province to 2.4 million tonnes from current 900,000 tonnes, the National Energy Administration (NEA) said in a statement on Monday.

Total investment of the expansion will USD 347million.

The expansion is part of China's effort to ensure stable energy supplies and optimize its coal industry

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)