The assets acquired by the company include Anrui Coal Industry Co, Xiapingcun coal mine and Chuntouao coal mine in Pinglu County.
Shanxi Coal placed all these purchased assets into Shanxi Pinglu Dajinhe Anrui Coal Industry Co (Dajinhe Anrui), a newly established project company.
The provincial government has approved the PRC-standard geological technical report of coal reserves of Dajinhe Anrui.
Puda Coal, through its subsidiaries, supplies high grade metallurgical coking coal used to produce coke for steel manufacturing in China.
