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    coal investing

    Chalco to Mine Coal in Qingyang City

    Written by Investing News Network
    |
    Mar. 18, 2011 07:31AM PST

    Reuters Africa reported that Aluminum Corp of China (NYSE:ACH) Ltd will be building a coal mine in northwestern China.

    Reuters Africa reported that Aluminum Corp of China (NYSE:ACH) Ltd will be building a coal mine in northwestern China.

    The market news is quoted as saying:

    Chalco signed an agreement with Tangshan Jia Hua Group to jointly develop the Luochuan coal mine, expected to produce ramp up from an initial 1 million tonnes a year when completed in 2015 to 10 million tonnes annually.

    To read the full market news, click here.

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