AuSino Energy to acquire coal mining lease in Inner Mongolia

摘要

AuSino Energy, which has a synthetic gas (syngas) project in China, said it is reviewing an opportunity to acquire its own coal lease in Inner Mongolia. In a statement submitted to the Australian Securities Exchange, AuSino said the concession’s vendor has provided a detailed analysis of the extensive geological and hydrology confirming a non-JORC compliant resource of 300 million mt of coal that appears highly suitable for underground coal gas.