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Jizhong Energy Resources brings forward coal mine start

The acquisition by Shenzhen-listed Jizhong Energy Resources of a controlling interest in a new met coal project in North China’s Shanxi province could see the mine commissioned six months earlier than originally planned, Mysteel Global has learned.
According to the company’s release on August 3, Jizhong Energy Resources has purchased a 30% stake in the Qinglong coal mine project in Shanxi – and become the trustee of another 60% of the project – from the project’s original investor, part-parent company Jizhong Energy Group, headquartered in North China’s

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