En+ is the parent company of UC Rusal, the world’s largest producer of aluminium, and it believes that Eastern Siberia is well-placed to become a reliable source of commodities, such as coal, to China.
More than half of Russia’s coal reserves can be found in Siberia.
China accounts for 50% of global coal consumption.
The China Development Bank has agreed to finance a range of projects, to the tune of $2 billion, involving the development of transport infrastructure, port development and transportation in the region.
The Shenhua Group is the world’s largest producer of coal.