Coal – People's Daily Online reported that as many as half of the coal companies in Ordos, which is "one of the major domestic coal producing regions in the Inner Mongolia autonomous region," have reduced or halted coal production due to falling electricity consumption and increased use of hydropower.
Articles Tagged "inner mongolia"
Rare Earth – Another major development furthers China’s grip on the rare earth market. The creation of a rare earth exchange in Inner Mongolia gives Chinese rare earth producers more leverage in price negotiations. Chinese officials also stated publicly their desire to consolidate rare earth mining firms.
Coal Investing News reports coal seen in a new light in China. The Chinese coal trader plans to kick off its public offering on Friday with trading in shares expected to begin on July 3. China Everbright Capital is handling the deal, sources added. China Qinfa is involved in the purchase, processing and transport of [...]