August 29, 2008

Shenhua starts production at new 20 million tonnes coal mine

Reuters reported that China Shenhua Energy Co Ltd has started production at its 20 million tonne a year Buertai coal mine in Inner Mongolia.

An Official who declined to be identified said total investment in the mine was CNY 4.5 billion. He added that production had started on March 15th 2008.

Shenhua Energy Co Ltd said in its annual report earlier this month that a trial production run was scheduled at the mine in May 2008, although the official Shanghai Securities News reported recently that a trial run had already taken place.

Shenhua Energy has said it expected its coal output to grow 12% or 19 million tonnes to 177 million tonnes in 2008.