Kinetic Development (HKG:1277) subsidiary Ningxia Kinetic Mining's Yong'an coal mine started joint trial operations on Friday, according to a Monday filing with the Hong Kong Exchange.
The mine spans an area of 21.7 square kilometers, producing various types of coal such as 1/3 coking
coal and fat coal.
Yong'an contains coal resources of about 224.2 million square meters and a capacity of about 1.2 million metric tons annually, the filing said.
Yong'an is seen to enter full production in 2026.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。