Kailuan Energy Chemical to acquire 100% stake in Linxi Mining with RMB1.2 billion
2022-04-24 16:00:42 [Print]
On April 22, Kailuan Energy Chemical announced that it planned to acquire the 100% stake held by its controlling shareholder Kailuan Group in Tangshan Kailuan Linxi Mining with RMB1
. 2 billion (USD0 . 18 billion) . Linxi Mining focuses upon coal mining and owns operational mines with a coal mining permit of 1 . 2 million ton annually.