The Archive · 1940

Mining Enterprise Being Formed

Tatung Coal Mining Ca — Sponsored by Japanese

Peiping, Jan. 9.

Another Japanese-sponsored company is shortly to be formed here. It will be known as the Tatung Coal Mining Company Limited.

Established under the auspices of the Japanese-sponsored Mongol Federal Autonomous Government, the company will mine and sell coal from the Tatung district, in northern Shansi, It will also ce-operate with the well-known Lung Yen Iron Mines for the development of mining industries in North China.

The company, it is announced, will be capitalized at $40,000,000 (Federal Reserve Bank currency).—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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