Yanzhou Coal Launches Ordos Coal Power Project
Following the successful acquisition of Australia Felix Resources Co., Ltd., Yankuang Group also turned its attention to Ordos, which is the richest coal resource in the country. Yanzhou Coal Ordos Nenghua Co., Ltd. was listed on the 23rd in Ordos City, marking the substantial progress of Yankuang Group's “coal power†comprehensive development project in Erdos.
Erdos Nenghua Co., Ltd. is a wholly-owned subsidiary of Yanzhou Coal, with a registered capital of 1.5 billion yuan. According to the Yankuang Group, the Ordos City Government has developed coal chemical projects with 1.68 billion tons of reserves of coal resources. The project plans to start construction of an annual production of 1.8 million tons of coal-to-methanol and converted olefins, including a 600,000-ton methanol project and two supporting mines.
Yanzhou Coal is a domestic and foreign listed company controlled by Yankuang Group. It was listed in Hong Kong, New York and Shanghai respectively in 1998. It is the largest exporter of foreign mining technology and foreign patents.
Ordos has proven reserves of 149.6 billion tons of coal, accounting for 1/6 of the national coal reserves. In recent years, Erdos City has been making every effort to build a national energy and chemical industry base, and the access threshold is getting higher and higher. Based on the "Energy Strategic Cooperation Framework Agreement" signed between Shandong Province and Inner Mongolia Autonomous Region, on June 5 this year, Yankuang Group Company and the Ordos City Government signed the "Coal Power Comprehensive Development Framework Agreement". Yankuang Group participated in the Ordos Energy and Chemical Industry Base. Development and construction.
Erdos Nenghua Co., Ltd. is a wholly-owned subsidiary of Yanzhou Coal, with a registered capital of 1.5 billion yuan. According to the Yankuang Group, the Ordos City Government has developed coal chemical projects with 1.68 billion tons of reserves of coal resources. The project plans to start construction of an annual production of 1.8 million tons of coal-to-methanol and converted olefins, including a 600,000-ton methanol project and two supporting mines.
Yanzhou Coal is a domestic and foreign listed company controlled by Yankuang Group. It was listed in Hong Kong, New York and Shanghai respectively in 1998. It is the largest exporter of foreign mining technology and foreign patents.
Ordos has proven reserves of 149.6 billion tons of coal, accounting for 1/6 of the national coal reserves. In recent years, Erdos City has been making every effort to build a national energy and chemical industry base, and the access threshold is getting higher and higher. Based on the "Energy Strategic Cooperation Framework Agreement" signed between Shandong Province and Inner Mongolia Autonomous Region, on June 5 this year, Yankuang Group Company and the Ordos City Government signed the "Coal Power Comprehensive Development Framework Agreement". Yankuang Group participated in the Ordos Energy and Chemical Industry Base. Development and construction.
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