It is reported that Huadian Power International Corporation purchased a 20% interest in Zhengtai Company for CNY 267.97 million.

Zhengtai Company holds the prospecting rights for the Manghatu coal mine located in Inner Mongolia.

The Manghatu coal mine has coal reserves totaling 216.11 million tonnes including 158.42 million tonnes of recoverable reserves.

The coal mine has a planned production capacity of 1.2 million tonnes per year. The capacity is expected to be increased to 2.4 million tonnes per year.

The mine is projected to be put into operations at the end of 2011.

(Sourced from 163.com)