China's Guizhou to phase out small coal mines in 2020

Time:2020-01-19 10:32:43      Source:Xinhuanet.com

Southwest China's Guizhou Province has vowed to shut down small coal mines with an annual production of less than 300,000 tonnes in 2020, in an effort to phase out outdated mining capacity, local authorities said.

The province will also upgrade technology in other coal mines, as it pushes to upgrade the entire industry this year, authorities said at a local emergency management work meeting.

Guizhou previously halted production of coal mines with an annual production of less than 300,000 tonnes after 16 miners were killed in a coal and gas burst on Dec. 17, and ordered inspections and examinations on gas levels at larger mines.

A document on phasing out the smaller mines released afterward requires that municipal and county governments conduct technological upgrades on existing mines to improve capacity to offset the loss brought by the shutdown.

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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