The local government of Luoping County in China's Yunnan Province has signed a contract with Heilongjiang Province-based Chinese company Hegang Mineral Bureau Diversified Corporation for the construction of a metallurgical coke production facility which will have an annual output capacity of 1.2 million mt - as reported by local newspaper Yunnan Information Daily. A total of RMB 800 million ($123 million) is expected to be invested in the project.
During China's 11th five-year plan period (2006-10), Luoping County eliminated a total of seven outdated coke production lines. After much effort, the local government finally succeeded in attracting Hegang Mineral Bureau Diversified Corporation with a view to constructing a new coke project.
1.2 million mt coke production facility to be built in Yunnan, China
Similar articles
Chinese mills’ margins to remain squeezed by continued rise of coking coal and coke prices
08 Jun | Scrap & Raw Materials
Fifth round of local coke price hikes implemented in China amid rising coal prices
05 Jun | Scrap & Raw Materials
Local coke prices in China move up, but effect from coal mines closure starts to fade away
29 May | Scrap & Raw Materials