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Dec 18, 2020 03:15 PM (GMT+8) · EqualOcean
Huaibei Mining said on the interactive platform that at present, the company has 16 pairs of production mines and 1 pair of Mines under construction. The total resource reserves of 16 production mines are about 3.7 billion tons, and the recoverable reserves are about 1.66 billion tons; the resources reserves of Xinhu coal mine under construction are 430 million tons and 280 million tons respectively; at the beginning of 2019, Chengda Mining Co., Ltd., a subsidiary of the company, obtained the taohutu mine field exploration certificate, with a mine field resource reserve of 1.448 billion tons. The overall scale of coal resource reserves and recoverable reserves of the company is relatively large. Among the 16 pairs of production mines of the company, according to the current situation, 9 pairs are expected to have a service life of more than 30 years; 5 pairs are expected to be between 10 and 30 years; and 2 pairs are expected to be within 10 years. The company's main business is the production and sales of coal and coal chemical products.

This text is a result of machine translation.