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Baosteel Xinjiang Bayi Steel Accelerates Coke Production Capacity
Aug. 26, 2010 Bayi Steel Coking Coal Group is accelerating the capacity expansion of each mine, aiming to form 7 million tonnes of coal production capacity in the next three years.
Baosteel executives noted that the Coking Coal Group will play an important role in the development of Bayi Steel in the future. The Coking Coal Group is expected to provide practical experience and human resource support for Baosteel to develop and consolidate the coal resources at home and abroad.
The company notes that the Aiweiergou Mining Area is currently the only large-scale quality coking coal production base in Xinjiang; the area possesses the complete grades of coking coal, a commercial coal reserve up to 479 million tonnes, and a recoverable reserve of 297 million tonnes.
Executives recently visited 1818 mine’s 150-tonne expansion project, 1930 riverbed diversion project, and 1930 mine’s 150-tonne expansion project to learn about the project progress.
After joining Bayi Steel and Baosteel Group Corp., the coal production capacity of the Coking Coal Group increased rapidly; the raw coal production capacity of the enterprise has grown from 600,000 tonnes in 2000 to 2,450,000 tonnes in 2009.