According to the news, Power Development announced that its Makhado flagship coking coal project in Limpopo Province in South Africa was officially put into production on August 1. This marks the Group's overseas high-quality production capacity entering a new cycle of accelerated value release. According to reports, the project is MC Mining's core asset. Power Development previously completed the acquisition of 51% of MC Mining's new common stock and the acquisition of convertible shares with a total principal amount of 6.136,000 US dollars.

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