In recent years, Xinjiang has become a hotspot for coal and chemical industry development, drawing significant investment from major energy companies across China. According to information obtained from relevant authorities, since 2004, leading firms such as Shandong Luneng, China Huadian, SDIC Group, Xuyuan Group, Henan Yima Group, and Xinwen Mining have actively participated in accelerating the construction of coal chemical projects in the region. Preliminary data suggests that over 100 billion yuan in "hot money" is expected to flow into Xinjiang in the coming years.
Shenhua Group, China’s largest coal company, is currently conducting resource exploration and coal quality testing in the Heishan Mining Area of Xinjiang. The company plans to invest 37.5 billion yuan in the next few years to build a coal mine with an annual output of 16 million tons and a coal-to-oil plant capable of producing 3.2 million tons annually. Meanwhile, Xinwen Mining Group recently signed an agreement to develop coal resources in the Ili River Valley, pledging to invest 30 billion yuan over five years to establish a coal mine with an annual capacity of 10 million tons, along with methanol and olefins production facilities. Its chairman, Lang Qingtian, stated that by the end of the decade, Tianshan West could become the country's largest coal chemical base.
Earlier this year, several major energy companies, including Shandong Luneng, China Huadian, SDIC Group, Xuyuan Group, and Henan Yima Group, reached agreements with Xinjiang to develop coal chemical industries locally. These partnerships reflect a growing trend of integrating coal resources into more advanced industrial applications.
Wu Jiachun, deputy director of the Xinjiang Uygur Autonomous Region Coal Industry Administration, highlighted that Xinjiang holds vast coal reserves—estimated at 2.19 trillion tons, accounting for over 40% of the nation’s total. Additionally, the region possesses about 6.8 trillion cubic meters of coalbed methane, representing 22% of the national total, equivalent to 63% of Xinjiang’s proven natural gas reserves. Three of the nine major coalbed methane fields in China with reserves exceeding 1 trillion cubic meters are located in Xinjiang.
Wu noted that 90% of Xinjiang’s proven coal reserves are low-grade metamorphic coal, which is highly reactive and suitable for direct or indirect liquefaction. This characteristic makes it ideal for coal chemical projects. Shenhua Group has already achieved success in coal direct liquefaction technology, providing a strong foundation for future coal chemical development in the region.
Despite its rich coal resources, Xinjiang still faces challenges in comprehensive utilization, with some areas experiencing resource waste, over-exploitation, and environmental issues. Wang Lequan, a member of the CPC Central Committee and head of the regional Party committee, emphasized the need to accelerate coal resource development, attract foreign capital, and selectively invite strong enterprises to participate in coal and other resource exploitation. He also called for improved coal mining efficiency and resource conservation.
Currently, the focus should be on promoting the coal chemical industry and accelerating the pace of resource development and utilization. With the right strategies and investments, Xinjiang has the potential to transform its coal resources into a major driver of economic growth and industrial innovation.
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