Excavation and infrastructure construction work is continuing for a new coal logistics ark in Ulan Qab in China's Inner Mongolia region, as reported by local media sources.
Work on the project commenced in April this year, with a total planned investment of RMB 500 million ($79.37 million). It is expected that the first phase of the project will be completed and put into production in December this year. In addition, the second phase of the project will be commissioned in 2015. After the overall project is completed, the coal logistics park will have an annual throughput of 10 million mt and a yearly production value of RMB 8 billion ($1.27 billion).