China approves $458 million coal project in Inner Mongolia region

BEIJING (Reuters) – China has approved a coal mine project worth 3.1 billion yuan ($458 million) in the country’s Inner Mongolia region, the National Energy Administration (NEA) said on Thursday.

The project has annual production capacity of 4 million tonnes a year, with phase one at 1.2 million tonnes and phase two at 2.8 million tonnes, the NEA said.

($1 = 6.7647 Chinese yuan renminbi)

(Reporting by Emily Chow in Kuala Lumpur and Beijing newsroom; Editing by David Goodman)

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