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Article: SHANDONG GEARS UP LONGKOU COAL BASE CONSTRUCTION
- Article from:
- AsiaInfo Services
- Article date:
- October 23, 2008
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AsiaInfo Services
10-23-2008
Shandong Gears Up Longkou Coal Base Construction
LONGKOU, Oct 23, 2008 (SinoCast via COMTEX) -- The coal storage and distribution base being constructed in Longkou City of eastern coastal Shandong Province will be able to sell coals of over 10 million tons per year after the first-phase project is completed with a total investment of CNY 530 million.
In a long term, the base, with Shandong Longhai Coal Distribution Co., Ltd. as corporate entity, and under the operation of Longkou Mining Group Co., Ltd., and Long Kou Port Corporation Ltd., will have annual sales of 50 million tons, supplying more than 50% coal consumers in Jiaodong Peninsula with ...