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Businesses & Products

Real Time Share Price B

3.56 RMB+2.47%

Stock code (B) [ 900948.SH ]

3.56 RMB+2.47%

Stock code (H) [ 03948.HK ]

Standard Reserves

Introduction

Suancigou Coal Mine is located at the center of Jungar Coal Field and it is the largest coal mine run by the company. It was completed and put into trial production in August 2008. Covering an area of 49.8178 km2, the coal mine has recoverable reserves of 1,28,105,590 tons as of December 31st, 2017, according to the assessment of the Ministry of Land and Resources and the resources the company has consumed for the production. The coal mine has four major coal seams of 3.1~12.7 meters thick and its annual output is expected to be 120,00,000 tons. The calorific value of the high quality coal produced is 4,500~5,100 kilocalorie/kg.

 

Suancigou Coal Mine is wholly-owned by the company and the company authorizes Inner Mongolia Yitai Jingyue Suancigou Mining Co., Ltd. to run the coal mine. The company has 52% equity capital of Inner Mongolia Yitai Jingyue Suancigou Mining Co., Ltd.



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