[TRSDC signs first $400 million joint venture with Al Mutlaq Group] Red Sea Development Corporation signed a joint venture agreement worth 1.5 billion riyals with Almutlaq Real Estate Investment Co., a subsidiary of AlMutlaq Group. Under the agreement, the two companies will develop Jumeirah Red Sea Resort, a 159-room luxury resort on Shura, the hub island of the Red Sea destination, which is currently under construction and is expected to open in early 2024. Editor/Xing Wentao

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• 2026.06.22 11:46
• [China's high-altitude mountain wind power project put into operation]
• On June 19, 2026, the first batch of units in the expansion project of Datang Julongliang Wind Farm, the largest single unit capacity high-altitude mountain wind power project in China, were successfully connected to the grid for power generation, marking a new breakthrough in the large-scale application of large capacity wind turbines in high-altitude and high-altitude scenarios.Editor/Gong Ziwei

• 2026.06.22 11:44
• [Significant breakthrough in intelligent mining of thin coal seams in China]
• Recently, China Coal Technology Ningxia Tiandi Benniu Industrial Group Co., Ltd. released key technologies and complete sets of equipment for high mining of thin coal seams, marking a major breakthrough in intelligent mining of thin coal seams in China. Due to the high mining height and narrow space, thin coal seam mining has long faced difficulties such as high labor intensity, low automation level, and poor economic benefits. This set of equipment has successfully solved the pain points of low efficiency, poor equipment adaptability, and high manual safety risks of traditional oblique cutting. Its promotion and application will effectively release the potential of thin coal seam resource mining and promote the transformation of the coal industry towards safety, efficiency, intelligence, and green direction.Editor/Gong Ziwei