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Xinhu Coal Mine under HBMG goes into operation

Huaibei Mining (HBMG) announced that on September 16, 2021, Xinhu Coal Mine, a subsidiary of the company, received the "Xinhu Coal Mine Project Completion Acceptance Appraisal Letter" issued by the Xinhu Coal Mine Construction Project Completion Acceptance Committee. Xinhu Coal Mine has the conditions for completion and commissioning and the committee agreed to pass the acceptance check. Xinhu Coal Mine has been officially put into production, which will increase the company's coal production capacity by 3 million tons per year. The main products of the coal mine are coking coal and 1/3 coking coal.