New 500-million-ton coalfield discovered in Henan

[FarCenter]

A report on discovering a new coalfield with reserves of more than 500 million tons has passed the judgment of experts. It is estimated that the coalfield is worth more than 1,000 billion yuan, according to the Fourth geological prospecting team of Henan Geology and Mineral Resources Bureau, November 23, 2009.

Located at the junction areas of Fengquan, Muye Area of Henan’s Xinxiang City, Xinxiang County and Hui County, the coalfield belongs to Jiaozuo coalfield in Kuaicunying village. If estimated by the recovery rate of 70 percent, the coalfield can mine for more than 76 years and is worth more than 1,000 billion yuan, said a member of the Fourth geological prospecting team.

According to the exploration, there are two layers of the coalfield that are worth mining: the first layer has a maximum thickness of 7.10 meters and annual thickness of 5.39 meters and the coal is high-quality anthracite III with characters of low sulfur, low phosphorus, medium ash and high heat. The second layer has annual thickness of 2.2 meters and the coal is anthracite II with low ash, high sulfur, low phosphorus and high-melting ash.

<SNIP>http://english.people.com.cn/90001/90776/90882/6822705.html

[vadawg]

1. thats a lot of coal.... n/t

[Auggie]

2. Too bad they're not 500 million tons of solar panels

[valerief]

4. Ha! +1!!!! nt

[RKP5637]

6. +1 n/t

[FreakinDJ]

3. GREAT - now China can spew even more pollution

[Auggie]

5. Exactly. If it's there, they will burn it.

Better yet, they'll sell it to us cheaper than we can dig our own.

[DCKit]

7. CA should start manufacturing gas masks. They're going to need them (even more than now). n/t