* For identification purposes only
Asia Coal Limited, listed on The Stock Exchange of Hong Kong (Stock code: 835), is fully committed to its business and endeavors to become an international energy company with diversified businesses. The Company's corporate strategy is to develop its business across the whole supply chain of coal energy, including coal mining, production, trading and distribution, as well as coal gasification, by which the utilization of coal resources could be maximized.
The Company holds the mining rights to the Saikhan Ovoo coal deposit in the Bulgan province of Mongolia, which can produce a wide range of coal products to supply to the PRC and other Asian markets. The JORC compliant resources report showed estimated resources for the Saikhan Ovoo coal deposit in excess of 190 million tonnes.
The Company is now working with coal energy experts to identify and evaluate suitable projects in China and Asia for acquisition. With the management's experience and expertise, the Company will focus on identifying and pursuing energy resources and coal reserves with high potential for future development in Asia and different parts of the world.
updated 15th April, 2015
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