China’s biggest coal miner – China Energy Investment – said it will spend CNY170 billion (US$24 billion) to build an integrated plant in the northwestern region of Xinjiang that will turn coal into oil products. Construction of the plant commenced this month. The core process is based on domestically developed, independently patented second-generation direct coal liquefaction technology, which will be…
Read MoreChina Energy to spend billions on coal-to-oil project
