268 million Huadian international deep Ordos coal mine

Huadian International (600027) investment in the coal mine of Ordos Shanghai Temple in Inner Mongolia is another city.　　Recently, Huadian International and the Inner Mongolia Huayi Xiang Tai Trading Co., Ltd. signed an agreement, will be 268 million yuan to buy its own Otok Thai Trading Co., Ltd. 's 20% stake, and has completed the delivery and related industrial and commercial changes. The announcement shows that Chint is holding a map of the coal mine prospecting right. According to the National Development and Reform Commission approved the mining area planning, Mount Hatu coal resources Total 216 million tons, recoverable reserves of 158 million tons, minefield planning capacity of 1.2 million tons/year. The coal mine is eligible for expansion to 2.4 million tonnes/year and the plan will be put into production by the end of 2011.　　Huadian International said, Mount Kazakhstan map coal quality, convenient transportation, from the company's investment in Ningxia regional power plant is relatively close. It is reported that Chint is owned by the mountain map of coal mines and the company has acquired the 2009 Great Wall Coal Mine field adjacent, located in Ordos, Inner Mongolia, Shanghai Temple Mining area west. According to the spirit of the country's relevant documents, the mining area is to be included in the overall development of national planning, Xinwen Mining group is identified as the development of the western area, according to the company's acquisition of Fu City Mining and the Great Wall coal mine stake in the relevant agreement, The company is a member of the Xinwen mining group of the mining area of new mine Inner Mongolia Energy Limited liability company invested in coal mine project has the priority to participate in the right, the acquisition of Chint 20% is the company's implementation of the above agreement, and the new Brunei mining (or its member companies) in the mountain map of coal mine Development and operation of further strategic cooperation.　　Data show, Chint Company's remaining 80% stake in the new mine Inner Mongolia Energy Limited liability company held. Previously, Huadian International in 2009 to acquire 35% stake in the Fortune City mining and the Great Wall coal mine 25% stake, Huadian International said that the acquisition of Chint company Equity is a further acquisition of coal mining assets in Shanghai Temple, to strengthen and new Brunei mining in Shanghai Temple Mining Area Strategic cooperation, extend the upstream industry chain, It is of positive significance to ensure the coal supply of the company power plant.