Qinhuangdao Port invests in coal terminal expansion
Company will take a 59% stake in the joint venture while Datong Coal Mine Group will take a 40% share. The investment will help boost coal terminal capacity at Caofeidian Port
The next phases of the coal terminal project at Caofeidian Port will see the construction of two 50m-tonne specialized coal terminals with total designed annual handling capacity of 100m tonnes