industry

It is reported that the Bureau of Coal Geological Exploration of Ningxia Autonomous Region in China total proven coal reserves discovered by the bureau in the region in the past 10 years amount to 27.3 billion tonnes. The bureau stated that in the next five years it aims to ...
China's largest life-saving capsule, a mine refuge facility that can provide emergency shelter for 12 people for 120 hours, passed stability tests Thursday in Xi'an, capital of northwest China's Shaanxi province. The mobile capsule is 6.96-meters long, 1.78-meters wide and 1.74...
China plans to build ten extra large coal enterprises with 100 million tons of capacity and ten with 50 million tons of capacity by 2015, the Wall Street Journal reported, citing Zhang Guobao, director of the National Energy Administration, as saying on Monday. Zhang said in a ...
China's top coal producer China Shenhua Energy Co Ltd has sold a February-loading thermal coal shipment to a South Korean buyer at $142 per tonne on a free-on-board (FOB) basis, two sources with knowledge of the deal said on Monday. The deal, sealed mid-last week, was for coal ...
Aluminum Corp. of China Ltd. and Angang New Co. will each buy a $50 million stake in the initial public offering of China Datang Corp. s wind-power unit in Hong Kong, according to a term sheet sent to investors today. The companies are among key investors who will pay a combined ...
Chinese power producers including Huaneng Power International Inc. rallied in Hong Kong after the state-run Xinhua News Agency said the government ordered a freeze in 2011 contract prices for coal used in power stations. Huaneng, China s largest electricity producer, rose as much ...
China Huaneng Group Corp., the country s biggest electricity producer, aims to raise as much as $1.3 billion in the initial share sale of its renewable energy unit in Hong Kong to increase output capacity and meet demand. Huaneng Renewables Corp. is offering 2.5 billion shares ...
Water prices in Shanghai will rise by about 22 percent tomorrow, which may bring an extra water cost of about 10 yuan (US$1.50) per month to a typical household. The new price will be fixed at 2.8 yuan per cubic meter, including a 1.63 yuan supply fee and another 1.3 yuan sewage ...
Chinese Vice Premier Li Keqiang said more follow-up efforts should be scientifically made to ensure the Three Gorges' continuing safe operations and to make full use of the project after its preliminary construction is finished on time. Li made the remarks while chairing the 17th ...
Hong Kong s record run of initial public offerings is faltering as tumbling stock prices prompted Bluestar Adisseo Nutrition Group and China Datang Corp. to delay or withdraw a maximum $2.6 billion of share sales. Bluestar Adisseo, the animal-nutrition producer backed by ...
The nation's top power generation company China Huaneng Group will spend $1.23 billion to buy a 50 percent stake in US-based InterGen N.V. from Indian developer GMR Group. The purchase of assets will help Huaneng tap power generating assets in the UK, the Netherlands, Mexico, the ...
A leading Chinese power company has promised that the world's highest hydropower station in Tibet will not reduce water flows downstream on the Yarlung Zangbo River. Damming of the river began on November 12, marking the formal start of construction of the 7.9 billion-yuan Zangmu ...
China is diversifying its sources of uranium to meet the rising demand in developing the nuclear power industry. "Exploration and exploitation of domestic uranium will be prioritized for the country's mid- and long-term development of nuclear power," said Lu Xiaoming, director of ...
China might face pressures related to power supply this winter due to cold weather, surging coal price, and government measures for energy conservation and emission cutting, head of China's largest power supplier to end users said Tuesday. China's northeastern and northwestern ...
China's power consumption in October rose 8.5 percent year-on-year to 340 billion kilowatt-hours (kWh), the China Electricity Council announced Tuesday. Of note, the amount was slightly lower than the 349.8 billion kWh of electricity used in September, the council said in a ...
China Shenhua Energy Co Ltd, China's largest coal producer, said Saturday that its net profits reached 37.19 billion yuan ($5.63 billion) in 2010, up 22.8 percent from the previous year. The Shanghai-listed company said in its annual business report that revenues last year ...
China's power consumption in September fell 12 percent month on month to 349.8 billion kilowatt-hours (kWh), the National Energy Administration (NEA) said Monday. The NEA did not provide the year-on-year growth rate for the month. But according to government figures, China's ...
China's largest coal mine prospecting project has begun in Santang Lake of Hami, northwest China's Xinjiang Uygur Autonomous Region, according to the regional coal field prospecting authority. The project involves a prospecting area of 4,700 square meters, so far the largest ...
China Shenhua Energy will cooperate with Japan's Mitsui, to enter the bidding for the west section of the Tavan Tolgoi Tsankhi coal mine in Mongolia, reports 21CBH, citing a company filing. The Tavan Tolgoi coal mine, located at the border between China and Mongolia, is the world ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...