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to shut down small coal mines with an annual production of less than 300,000 tonnes in 2020, in an effort to phase out outdated mining capacity, local authorities said.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 450 0 ex-mine 06-19
Shuozhou 5200 435 0 FOR 06-19
Ordos 5500 415 0 ex-mine 06-19
Yulin 6200 535 0 ex-mine 06-19
Liulin Low-sulphur 560 0 ex-mine 06-19
Gujiao Low-sulphur 1095 0 FOR 06-19
Xingtai Low-sulphur 1210 0 ex-Factory 06-19
Yangquan PCI 770 0 FOR 06-19
Index RMB/t WoW WoW% Date
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