Shanxi province will establish four coking coal industrial parks, each with an annual production capacity of 10 million tons, according to the province’s Economic and Information Technology Committee on Sept 10.
The coal-to-oil project of Shenhua Group, the country's largest coal producer, is expected to start trial operation in July, a company executive said Thursday.
The Shanxi Coal-Steel Energy Development Company recently began operation in Taiyuan, capital city of northern China's Shanxi province, a senior official with the Shanxi Coking Coal Group confirmed.
Coalmines in Shanxi are quickening their pace of restructuring, backed by the government, in a move that could eventually see the public listing of all choice assets instead of fragmented pieces held by various listed subsidiaries and units.
China will build an inland regional economic zone spanning two northwestern provinces, according to a design plan released by the State Council Information Office Thursday.
Beijing-based Shougang Group has purchased 90 percent of Shanxi Changzhi Iron & Steel for 500 million yuan, the Beijing Business Today reported August 11.
China's coal production continued to ease in the first half of this year on flat domestic demand amid the economic slowdown, data released by the National Development and Reform Commission has shown.
