According to CoinMeta, this afternoon, Huaibei Mining stated at its 2026 third-quarter performance briefing that the construction of the 8-million-ton annual production Taohutu coal mine project is progressing smoothly. Currently, the company is making every effort to advance the excavation work of various types of roadways, including coal roadways, rock roadways, and track roadways. The first mining face has entered the smooth roadway construction phase, and it is expected to achieve joint trial operation by the end of 2026 or early 2027. After a capacity ramp-up phase in 2027, it is anticipated that full production will be reached in 2028.