Tianbao Coal Industry: Hongshaliang Coal Mine completes coal production of 840,000 tons in Q1
2022-05-11 14:35:25 [Print]
According to the news of Jiuquan Tianbao Coal Industry Co., Ltd., in the first quarter (Q1) of this year, the Hongshaliang Coal Mine Project completed a coal output of 840,000 tons, realizing the production value of RMB98 million (USD14.55 million), with a growth rate of 100% over the same period, accounting for 40.8% of the total volume of the coal industry.
The Hongshaliang coal mine construction project is currently the largest unpacked coal resource development and utilization project under construction in Hexi, Gansu Province, with a total coal resource of 337.14 million tons. With a designed annual production capacity of 4.4 million tons, the project has the estimated total investment of about RMB4.795 billion (USD713 million). At present, three projects of open-pit mine, underground mine and coal washing plant are being implemented, with an investment of RMB1.174 billion (USD175 million) completed, and it plans to invest RMB835 million (USD124 million) in 2022.
The Hongshaliang coal mine construction project is currently the largest unpacked coal resource development and utilization project under construction in Hexi, Gansu Province, with a total coal resource of 337.14 million tons. With a designed annual production capacity of 4.4 million tons, the project has the estimated total investment of about RMB4.795 billion (USD713 million). At present, three projects of open-pit mine, underground mine and coal washing plant are being implemented, with an investment of RMB1.174 billion (USD175 million) completed, and it plans to invest RMB835 million (USD124 million) in 2022.
