China Shenhua to set up 10-billion-yuan coal tech unit in Inner Mongolia

China Shenhua Energy Co., Ltd. said on Jul 24 its board had unanimously approved a plan to establish a coal technology research institute in Hohhot, Inner Mongolia, with an investment of 1 billion yuan. The unit, tentatively named Guoneng Inner Mongolia Coal Technology Research Institute Co., Ltd., aims to support parent CHN Energy's coal industry innovation strategy in the region.

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