China’s National Development and Reform Commission on Thursday approved a coal mining project in northern Chinese province Shaanxi with an annual production capacity of 10 million tonnes.
The project, owned by a coal subsidiary of Shaanxi Yanchang Petroleum Group, involved a total investment of 12.43 billion yuan ($1.92 billion).
($1 = 6.4705 yuan)
(By Muyu Xu and Shivani Singh; Editing by Tom Hogue)