NE China coal producer opens new mines to boost energy supply

Time:2021-10-21 17:59:35      Source:Xinhuanet.com
Longmay Mining Holding Group Co. Ltd, the largest coal producer in northeast China's Heilongjiang Province, started to build four new mines on Wednesday in an effort to meet the rising energy demand, as winter heating season began in the northernmost province.
 
Sun Chengkun, board chairman of the company, said that the new projects in Jixi, Shuangyashan, Hegang and Qitaihe cities would add more than 4 million tonnes of annual coal production capacity.
 
Thermal power still takes up a large share of China's energy output, accounting for about 70 percent of its power generation. The heating season has added pressure to the power supply in north China.
 
The country is making all-out efforts to ensure power supply after power outages halted factory production and hit families in some regions.
 
The provincial government of Heilongjiang has approved funds worth 200 million yuan (about 31 million U.S. dollars) to assist Longmay in smart mining technical upgrading. 
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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