Coal-rich Chinese province to close more mines

Time:2020-06-10 10:43:51      Source:Xinhuanet.com
North China's coal-rich Shanxi Province plans to close all coal mines with annual production capacity below 600,000 tonnes by the end of 2020 to further upgrade the industry, local authorities said.
 
The move aims to help cut the province's coal production capacity by over 15 million tonnes this year, according to the provincial government.
 
At present, Shanxi has 954 coal mines. The coal production capacity of major mines reached about 971 million tonnes in 2019.
 
Between 2016 and 2019, the province closed 106 coal mines, according to the provincial energy bureau.
 
Over the past few years, China has been phasing out outdated production capacity in a wide range of sectors, including coal and steel, amid efforts to promote high-quality economic growth. 
Index RMB/t DoD Basis Date
Datong 5500 ex-mine 07-01
Shuozhou 5200 FOR 07-01
Ordos 5500 ex-mine 07-01
Yulin 6200 ex-mine 07-01
Liulin Low-sulphur ex-mine 07-01
Gujiao Low-sulphur FOR 07-01
Xingtai Low-sulphur ex-Factory 07-01
Yangquan PCI FOR 07-01
Index RMB/t WoW WoW% Date
中国煤炭市场��?