2 years, 2 months ago
How many tons of coal was exported to China from Australia?
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M$1 Answer
Australian mining company Resourcehoused has reached a $60 billion agreement to supply chinese power stations. The deal would supply 30 million tons of coal annually over 20yrs. The project will include a large thermal coalmine in the galilee basin and 2 surface mines.
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M$
1. The deal between China Power International Development and Australia is the biggest export contract.
2. Quote: The project will include a thermal coalmine in the Galilee Basin, as well as four underground mines, two surface mines and associated coal handling and processing facilities. End Quote
3. Chinese companies will carry out most of the work. Metallurgical Corp of China will build the mines and export infrastructure, a new port near Bowen Queensland, and a 500 kilometer rail link.
4. The mine is scheduled to be operational by 2013, create 70,000 indirect jobs, and start exports to China in 2014.