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Shanxi Lu'an Environmental Energy to integrate 10 coal assets

Nov. 19, 2009 (China Knowledge) - Shanxi Lu'an Environmental Energy Development Co<601699>, a major subsidiary of Lu'an Group, plans to combine ten small collieries by spending RMB 247 million to launch two joint ventures in Shanxi Province, sources reported. The Shanghai-listed firm intends to invest RMB 191 million in one of the JVs, which will have a registered capital of RMB 230

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