November 11 was a big day for workers and management at the Tahsan coal mine, the largest and most advanced mine owned by the Datong Coal Mine Group (Tongmei). On that day, the mine completed the extraction of its 15 millionth ton of coal for the year, seeing it hit its annual target some 50 days ahead of schedule.
Taiyuan Iron & Steel Group, China's biggest stainless-steel producer, is looking to invest in iron ore and nickel resources in Australia and other countries, Chairman Li Xiaobo said.
Australian coal mining company Felix Resources (Felix) revealed on Monday that China's Yanzhou Coal Mining (Yanzhou) Co., Ltd. will resubmit its application to take over the Australian company.
An order from the National Development and Reform Commission in September required the country's top coal producing province to close about 1,600 of its 2,600 mines by the end of 2010 through mergers and reorganizations.
The first Chinese companies to be designated as UN Clean Coal Technology Model Enterprises were announced during the third International CEO Roundtable of Chinese and Foreign Multinational Corporations last weekend.
When the coal industry consolidation nears completion in North China's Shanxi province, Wang Xiaoping, a small coal miner in Shaanxi province of Northwest China, is also seeking his fortune in other ways.
Shanxi Province has attracted 106 talents from overseas thanks to its "Talent 100 project", which was launched in 2009 amid the global financial crisis.
Officials in Shanxi Province welcomed private investment from home and abroad into the region's expressway consctruction projects, domestic media reported.