Support The Moscow Times!

Shenhua Group to Mine Coal With Russia's EN+

China's Shenhua Group, the country's biggest coal producer, has been awarded a license to explore for coal in Russia in a joint venture with the country's En+ Group, the Russian firm said Wednesday.

The Zashulankskoye coal deposit in the Transbaikal territory, close to Russia's border with China, will be Shenhua's first coal project in the country.

The two firms have set up a 50/50 joint venture to develop the deposit after bidding 246.9 million rubles ($7.55 million) in an auction, En+ announced.

The deposit is expected to produce up to 6 million tons of coal per annum once construction on the mine has been completed.

The two firms expect to invest more than 30 billion rubles on the project, which is due to go into operation in 2018, En+ said.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.