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    market news

    China increases coal imports

    Melissa Pistilli
    Mar. 18, 2009 09:24AM PST
    Market News

    Coal Investing News reports coal was discovered in China containing greater than 13 billion tonnes of reserves. The 1,400 square-kilometre Sha’erhu coal field, located in the county of Shanshan in eastern Xinjiang, contains coal suitable for power generation and gas conversion. Exploration began on the coal field in August last year, and the local prospecting …

    Coal Investing News reports coal was discovered in China containing greater than 13 billion tonnes of reserves.

    The 1,400 square-kilometre Sha’erhu coal field, located in the county of Shanshan in eastern Xinjiang, contains coal suitable for power generation and gas conversion. Exploration began on the coal field in August last year, and the local prospecting bureau said that total reserves could eventually reach a total of 64 billion tonnes.  

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.

     

     

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