China's state planner approved a coal mine in the northwestern province of Shaanxi to build new production capacity.
The coal mine, named Yangjiaping, is designed to build the production capacity to 5 million tonnes per annum. This is one of key construction projects for the province in the 14th Five-year Plan period.
Yangjiaping is one of the first batch coal mines that Shaanxi allowed for market-oriented resource allocation. The coal mine covers an area of 144.6 km2, with a recoverable reserve of 541 million tonnes.
Its operator Pingdingshan Changan Energy Development Co., which is a subsidiary of Shandong Energy Group, has successively completed a series of procedures including capacity replacement and land review since April 2020.
After obtaining the project approval, Pingdingshan will embark on development & utilization plan, geological protection and land reclamation plan and environmental impact assessment, striving to obtain the mining license in the first quarter of 2023.
(Writing by Alex Guo Editing by Tammy Yang)
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