With the rapid worldwide development of new energy vehicles, demand for lithium has been soaring. Chinese companies, like their global peers, have been scrambling to accumulate bigger reserves of core raw minerals in recent years in order to lower the high cost of NEVs.

BEIJING - China's 25 leading excavator makers sold a total of 241,178 excavators in the first seven months, rising by 27.2 percent year-on-year, data from the China Construction Machinery Association showed.

The world's first 120-ton AC electrical drive dump truck for mining entered service at the Nanlutian mine in Huuliin Gol, Inner Mongolia autonomous region, on Thursday.

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The world's first 120-ton AC electrical drive dump truck for mining entered service at the Nanlutian mine in Huuliin Gol, Inner Mongolia autonomous region, on Thursday. [Photo by Liu Keqiang/For chinadaily.com.cn]

The truck was produced by Xiangtan Electric Manufacturing Group in Hunan province to replace diesel engines with batteries, which can work for eight continuous hours after one-hour of charging.

Compared with diesel trucks, electrical power cuts energy consumption in half, and reduces the costs of operation and maintenance by 20 percent. Each truck can also reduce carbon dioxide emissions by 1,500 tons per year, according to the Inner Mongolia branch of State Power Investment Corp, which is leading the program.

The world's first 120-ton AC electrical drive dump truck for mining entered service at the Nanlutian mine in Huuliin Gol, Inner Mongolia autonomous region, on Thursday. [Photo by Yu Jinxin/For chinadaily.com.cn]

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"The truck is a significant milestone in the upgrading of mining equipment. It is intelligent and zero-carbon, and will set an example for others in the industry," said Liu Jianping, Party secretary and chairman of the branch.

The Nanlutian mine will gradually replace all its diesel-powered dump trucks with electric ones, to promote green, low-carbon, environmentally friendly production in the coal mining industry, the company said.(By Yuan Hui in Hohhot and Chen Meiling)

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China's raw coal output climbed 6.4 percent year on year to 1.95 billion tonnes in the first six months of the year, official data showed.

The volume rose 7.1 percent from the level in the same period of 2019, putting the average Jan.-June growth of the past two years at 3.5 percent, according to the National Bureau of Statistics (NBS).

Deep Sea No.1, a 100,000-metric-tonne deep-water semi-submersible oil production and storage facility, will start production in late June, the China National Offshore Oil Corporation (CNOOC) Ltd. announced Tuesday.

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