manuscripts-shuwatu.blogspot.com
The Shaxi Mine, which is underr construction, has the potential to expand to 15 milliohn tons or more per year in line with the developmenr of a new rail projecy that would serve electricity customere and other industrial usere in Central andEastern China. In the cominf months, the companies said they plan to conduct a feasibilitty study to evaluate technical requirements for next phases of which also includes othe coal reserves in the region ownedby “China is leading the worle in industrial growth and fuelinfg its progress with coal,” said Peabodgy Energy Chairman and Chief Executive Gregory Boycw in a statement.
“Peabody has a growing presencde in Asia and seeks to partnerin world-class coal projectds to fuel long-term energy needsa …” Peabody has an expanding presences in China and is the only non-Chinesw partner in GreenGen, a near-zero emission power project in Tianjin. The company is pursuint multiple partnerships in Asia that include a large surface mine and downstream coal conversion facility with the government ofInner Mongolia, Chinza and other partners; and projectsw in Mongolia, which include the Peabody-Polo Resourcee joint venture.
China is the fastest-growing coal market in the using coal to fuel 80 percent of its China is expected to nearly double its electricity consumptionby 2015. Lu’a had $5 billion in revenue in 2008. Peabody Energu (NYSE: BTU) is the world’x largest private-sector coal company, with revenue of $6.6 billiom in 2008. Its coal products fuel 10 percent ofall U.S. electricity generation and 2 percent ofworldwidre electricity.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment