China Guodian Corp. announced it has agreed to invest $2.81 billion with its partner to build a coal mine and power plant in the northeastern province of Heilongjiang.
A partnership between China Guodian’s northeastern subsidiary and Heilongjiang Longxing International Resource Development Group will result in a 4,000 megawatt power plant and a coal mine with a [...]

China’s second-biggest coal group by revenue, China Coal Energy Co., is set to raise up to US$1.7 billion (HK$13.3 billion) in a Hong Kong IPO after setting an indicative price range of HK$3.20 to HK$4.05 a share, a person familiar with the deal said on Wednesday.
China Coal, which kicked off its formal IPO marketing [...]

Rescuers were rushing to save seven miners trapped after a coal mine flood in northeastern China, state media reported Thursday.
There were 19 workers underground Wednesday when the privately-owned Xiren Coal Mine in Jilin province’s Tonghua city was flooded with water, the Xinhua News Agency said. Four managed to escape and eight were rescued early Thursday, [...]

China produces more coal than anywhere else in the world, fuelling the country’s economic boom. But it comes at a terrible price: the mines are the world’s deadliest, and their environmental impact is catastrophic. Safer - and cleaner - technology exists. But is there the political will to make it happen?
The trucks rattling away [...]