Shanxi Coking Coal Group to invest RMB 40 billion in 10 new projects

Shanxi Province-based Chinese coking coal company Shanxi Coking Coal Group Co. has lately signed agreements on 10 new projects, in which it will invest a total of RMB 40 billion ($6.21 billion), and for which it expects to attract additional investment of RMB 7 billion ($1.087 billion) from other investors.
 
The 10 projects include one coal chemical processing project, three equipment manufacturing projects, one project for the reduction of coal bed methane emissions, one project for the production of new materials, two technical cooperation projects and two modern logistics projects.