China approves 10mt coal mine project in Shaanxi

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China’s National Development and Reform Commission on Thursday approved a coal mining project in northern Chinese province Shaanxi with an annual production capacity of 10 million tonnes.

The project, owned by a coal subsidiary of Shaanxi Yanchang Petroleum Group, involved a total investment of 12.43 billion yuan ($1.92 billion).

($1 = 6.4705 yuan)

(By Muyu Xu and Shivani Singh; Editing by Tom Hogue)

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