Xing An Coal Mines
Xing An coal, which is made up of two mines (Hong Yuan and Sheng Yu coal mines), is located in the Daxinganling Mountain Range in Northeastern China just outside the city of Mohe which is less than two miles from the Russian border.
Due to the significant costs of coal transport, the location of a coal mine can significantly affect its profitability and competitiveness. We believe the Xing An mines are well-situated given their existing access to both railway and public roads, as well as the demand for coal in Heilongjiang Province driven by the region’s rapid economic growth , and the substantial costs involved in transporting coal to this region from major coal-producing provinces such as Shaanxi Province, Shanxi Province, and the Inner Mongolia Autonomous Region.