SDIC 40 billion to build coal coking base in Nilek

On August 9th, the foundation stone laying ceremony of Nyloc Coal Coking Base of Xinjiang SDIC Baodi Energy Development Co., Ltd. was held in Nileke County. Xinjiang National Investment Corporation plans to build 10 large-scale modern large-scale mines with annual production of 1.2 to 4 million tons of single wells in the Nilec County mining area in 10 years. The total production scale of the mining area will reach 13.6 million tons per year; 900,000 tons of coking, 100,000 tons of methanol, 2 billion cubic meters of coal gas projects, a total investment of nearly 40 billion yuan.
The mineral resources in Nileke County are abundant. 132 ore deposits and ore spots have been discovered. Coal reserves have been initially proven to be 27.803 billion tons of reserves. Coal, coal coking, and coal chemical industries have great potential for development.

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