According to Mr Yan Guohui Shenhua Ningxia vice general manager, Shenhua Ningxia Coal Group a subsidiary of Shenhua Group Corporation expects its 2010coal production volume to hit 60 million tonnes and total assets to reach CNY 60 billion.

Mr Yan said production capacities of coal and coal indirect liquification will hit 100 million tonnes and 4 million tonnes respectively in 2015. Estimates for 2020 include coal production capacity of 130 million tonnes and coal indirect liquification of 8 million tonnes.

Shenhua Ningxia coal resources account for 93.7% of total coal resources in Ningxia province.

(Sourced from caijing.com.cn)