Circulative Business
As the key sino-foreign cooperative enterprises in Xinjiang autonomous region where the government is keen in attracting investment, Up Energy started from coal resources exploration, and gradually established a complete set of projects with the concept of circulative economy which includes raw coal mining, raw coal washing, coal coking, cogenerating, coal mine gas utilizing since 2005. Currently there are 3 new coal mines and 3 downstream ancillary projects under construction. Up Energy plans to invest 4 correlated circulative business projects in the second phase. When all of the projects commence production, it will fuel the development of surrounding ancillary industries.

The first construction phase of the industry chain comprises of construction of a coking coal mine with production of 4.5 Mt/year, a Coal Preparation Project with production capacity of 4.5 Mt/year, a Coal Coking Project with production capacity of 1.3 Mt/year and a Recycled Water Project with production capacity of 5.2 million m3 /year.

The second construction phase of the industry chain comprises of construction of a coke oven gas-to-methanol production project with production capacity of 100,000 tonnes methanol, a coal mine gas electricity generation project with production capacity of 2×15MW and a coal gangue heat and electricity project with production capacity of 2×135MW.

Upon the completion of the industrial chain projects, the annual production and processing capacity will be: 4.5 million tonnes of raw coal, 4.5 million tonnes of washed clean coal, 5.2 million of processed pit water, 1.3 million tonnes of coke, 100,000 tonnes of methanol, 1.8 billion kwh of electricity and 250 million pieces of standard brick.

Up Energy constructs advanced coal mines and at the same time develops circulative business. The development of “Circulative Economy Demonstration Park” synthesizes the utilization of coal coking, pit water, coal gangues and gas. Up Energy strives to be a modernized energy company with advanced international management and technological standard, and a model enterprise for energy saving, emission reduction and circulative economy in Xinjiang.