China approves $458 million coal project in Inner Mongolia region
FILE PHOTO: A coal-burning power plant can be seen behind a factory in the city of Baotou, in China's Inner Mongolia Autonomous Region, October 31, 2010. REUTERS/David Gray
BEIJING : China has approved a coal mine project worth 3.1 billion yuan ($458 million) in the country's Inner Mongolia region, the National Energy Administration (NEA) said on Thursday.
The project has annual production capacity of 4 million tonnes a year, with phase one at 1.2 million tonnes and phase two at 2.8 million tonnes, the NEA said.
($1 = 6.7647 Chinese yuan renminbi)
Source: Reuters
