Mining

Mining license obtained for Chaerqi coal mine reconstruction and expansion

Fengfeng Coal Coking Company’s 9,00,000 tons/year expansion project of the first phase of Chaerqi Coal Mine obtained a mining license. At present, the Fengfeng Coal Coking in Baicheng County, China is doing its utmost to overcome the impact of the epidemic, going all out to go through the relevant procedures such as the start-up permit, and promote the early construction of the mine.

The plan is 1.2 million tons/year of which the first phase of the 9,00,000 tons/year project was listed in the Xinjiang Uygur Autonomous Region in August 2017. The Three-Five-Year Plan was approved by the Xinjiang Uygur Autonomous Region Development and Reform Commission in March 2019. On June 24 this year, in accordance with the State Council’s “Mineral Resources Exploration Block Registration Management Measures”, “Mineral Resources Mining Registration Management Measures” and other relevant regulations, the Department of Natural Resources of the Xinjiang Uygur Autonomous Region approved the No. 8 Minefield (Chaerqi Coal Mine) in Baicheng Mining Area. The mining right application for the first phase of 9,00,000 tons/year project has been issued according to the procedures.

It is reported that the first phase of the 9,00,000 tons/year project of Chaerqi Coal Mine has an industrial reserve of 99.58 million tons. The main mineable coal seams are two layers. The coal types are mainly coking coal and lean coal, which are used for coking, coal blending, and gasification. Coal, power coal, etc., have good resource storage conditions and broad product sales prospects. After the project is completed and put into production, it will lay a solid foundation for the group company to strengthen its main coal business, accelerate the succession of coal resource strategies in other cities, and make positive contributions to local economic development and employment expansion.

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