三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Steelmakers hunting for coking coal

Updated: 2011-08-25 10:09

By Zhang Qi (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - Chinese steelmakers are scrambling to buy coking coal mines in Mongolia, China's largest supplier of the fuel.

China is the world's biggest steel producer and needs the coke to keep its blast furnaces in operation.

State-owned steel makers, including Baosteel Group Corp and Jinan Iron & Steel Group Corp, are eyeing projects in Mongolia, which has vast quantities of untapped minerals, according to sources familiar with the situation.

Xinjiang Bayi Iron and Steel Co Ltd, a subsidiary of Baosteel, has a 10-year contract for supply of coking coal from Mongolia Energy Corp Ltd (MEC). Baosteel has also expressed an interest in buying a stake in MEC's coking coal project in the Khovd province in western Mongolia, the sources said.

In July, Jinan Iron & Steel and the Aluminum Corporation of China (Chinalco) signed contracts with Mongolia's State-owned operator, Erdenes Tavan Tolgoi LLC for coal supplies worth $250 million from deposits in the East Tsankhi area.

The sources said that both Jinan Iron & Steel and Chinalco are also looking to purchase mines in East Tsankhi.

"Mongolia has rich untapped reserves and the location is very attractive for Chinese companies," said Huang Shengchu, president of the China Coal Information Institute.

The Tavan Tolgoi deposit, which is only 270 kilometers from the Chinese border, is considered the world's largest untapped source of coking coal. Mongolia's National Mining Association expects coal production to increase to 60 million tons by 2015 from 22.5 million tons in 2010.

Tavan Tolgoi (TT) holds an estimated reserve of 6.4 billion tons of coal, including large amounts of coking coal.

While the Mongolian government will control of TT's East Tsankhi block, it announced in July that it had selected a consortium of Chinese, US and Russian companies to develop the West Tsankhi block.

Shenhua Group Corp Ltd, China's largest mining company by output, will have a 40 percent stake in the coalfield with the largest US coal producer Peabody Energy Corp holding 24 percent. The Russian Railway-led consortium will have a stake of 18 percent, and the Mongolians will hold the remainder.

However, the situation has been thrown into uncertainty after Mongolia's President Tsakhia Elbegdorj said on Aug 20 that the country was rethinking development plans for the mine in the light of negative public opinion.

Huang said the uncertainty over the West Tsankhi project will not deter China from seeking coking coal in Mongolia. Although China is currently more than 90 percent self-sufficient in the fuel, it will become increasingly dependent on imported resources, especially from nearby Mongolia, as a result of rising demand and the government's policy of protecting domestic supplies.

主站蜘蛛池模板: 国产精品v在线播放观看 | 国产白嫩在线观看视频 | 香蕉频蕉| 久久91综合国产91久久精品 | 亚洲国产欧美在线人成aaa | 高清一本视频在线观看 | 亚洲国产一区二区三区a毛片 | 欧美日韩国产人成在线观看 | 国产免费麻豆 | 97国内免费久久久久久久久久 | 国产一级做a爱免费视频 | 成人自拍视频在线观看 | 在线观看国产精品日本不卡网 | 日韩一区二区三区免费视频 | 亚洲免费网 | 国产一级特黄在线播放 | 一级片黑人 | 成人午夜视频在线播放 | 欧美黄色免费 | 国产亚洲3p一区二区三区 | 尤物视频在线看 | 外国毛片视频 | 国产成人亚洲综合在线 | 国产高清a毛片在线看 | 在线免费观看日韩视频 | 国产成人一区二区三区视频免费蜜 | 99久久国语露脸精品国产 | 亚洲欧美日韩综合精品网 | 99re6热视频精品免费观看 | 国产女主播真实视频在线观看 | aa级毛片毛片免费观看久 | 国产va精品网站精品网站精品 | 国产精品观看在线亚洲人成网 | 久久国产在线视频 | 亚洲性一级理论片在线观看 | 黄色在线视频免费看 | 亚洲国产日韩在线成人蜜芽 | 国产72av国片精品jk制服 | 成人在线视频观看 | 成人综合视频网 | 加勒比一道本综合 |