Shanxi Lu'an Environmental Energy Development Co<601699>, a major subsidiary of Lu'an Group, plans to combine ten small collieries by spending RMB 247 million to launch two joint ventures in Shanxi Province, sources reported.The Shanghai-listed firm intends to invest RMB 191 million in one of the JVs,...
SHANGHAI, Aug 19 - More than 70 percent of over 2,000 small mines in China's top coal province Shanxi have agreed with bigger mines on merger, as industry consolidation pushes forward, the Xinhua news agency...
Shanxi Lu'an Environmental Energy Development Co<601699>, which is headquartered in Shanxi Province and is principally engaged in exploration, production and sale of coal, is preparing for group listing before 2015, sources reported, said Ren Runhou, chairman, sources reported. Ren added that the...
The China Securities Regulatory Commission (CSRC), the nation's securities regulator, has granted an operating license to a brokerage joint venture (JV) between German investment bank Deutsche Bank AG and Shanxi Securities, according to a joint statement released by the two companies on Wednesday.The...
June 26 MetalBiz--China's top coal and coke producing province, Shanxi, is considering merging nine, large state-owned coking firms in an effort to consolidate the sector, a senior official at the province's coking industry ...
BEIJING, June 19 - Steel mills in the northern Chinese province of Shanxi have reportedly signed iron ore supply deals with foreign miners despite calls to hold firm until broader sector prices have been settled....
North China's Shanxi Province plans to establish an energy and transportation investment company in the province to boost railway construction, said the province's Vice Governor Li Xiaopeng on Tuesday.The planned company, which will have a registered capital of RMB 27 billion, will be responsible for fundraising,...
North China's Shanxi Province, whose coal output accounts for one third of the country's total, by 2012 intends to set up the nation's first coal and coke futures exchange in the province as part of its effort to stabilize the domestic market and gain a bigger voice in international pricing, according to Wang Hua,...
May 31 MetalBiz--The Shanxi Coal-Steel Energy Development Company recently began operation in Taiyuan, capital city of northern China's Shanxi province, a senior...
BEIJING, May 30 - China's Shanxi Coking Coal Group and top stainless steel maker Taigang Group have tied up to launch a new coking coal company that will supply the steel maker, the official Xinhua...