China's coal giant will invest heavily in production over next five years

Beijing - Shenhua Group Corp., China`s biggest coal producer, is to invest 36 billion yuan ($5.3 billion) over the five years to expand coal production capacity in Xinjiang Uygur autonomous region, a company executive said last Saturday.

State-run China Daily reported on Monday, citing Shenhua's President Zhang Yuzhuo, that the company plans to increase its coal production capacity to more than 60 million tons in Xinjiang by 2014.

Click here to read more about Shenhua Group Corp.'s investment.

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