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Shenhua two coal mines halted, followed by tightened supply and a possible price rise

Steam coal prices showed downward trend with the end of peak season in summer.

08-10-2017 18:07:46

China’s only undersea coal mine-Beizao coal mine will be closed

According to the report, in Longkou City, Shandong, China’s only undersea coal mine will be closed in October, 2017. Shandong Energy Longkou Mining Group Beizao coal mine was built in 1983, a modern coastal mine integrated by coal and oil shale production.

05-22-2017 17:51:29

Xinjiang 10 mln mt/yr of coal mine project is approved by the NDRC

The National Development and Reform Committee (NDRC) approved Xinjiang Tianchi Energy Co., Ltd. phase I project of Jiangjun gobi No. two open coal mine in Western Heishan mine areas, Zhundong and coal cleaning plant 10 million mt/yr

05-22-2017 15:17:20

Shanxi closes 25 coal mines and cuts coal output by 143 mln mt in 2016

In 2016, Shanxi closed 25 coal mines and cut 143 million mt of coal output, accounting for 40% of the nationwide total output cutbacks. Coal overcapacity-cutting target was finished ahead of schedule in October, 2016, and checking works of steel and coal overcapacity cuts were completed

03-10-2017 16:26:22

47 coal mines found to have completed capacity reduction target in Shandong

An official team set up to inspect coal overcapacity reduction progress in Shandong found that the 47 coal mines under the latest monitoring in the province had achieved their capacity reduction targets, removing a total of 12.29 million mt/yr production capacity, as reported on December 5th.

12-08-2016 13:54:19

Small coal mines below 300,000 mt/yr to be closed or merged

China will accelerate concentration ratio improvement in the coal sector, not permitting the existence of coal mines of and below 300,000 mt/yr as companies.

12-06-2016 16:06:59

Inner Mongolia Ordos starts safety inspection on coal mines

The local government of coal-rich Ordos in the northern autonomous region of Inner Mongolia announced a city-wide safety inspection on all of its coal mines, after a roof caving accident killed three miners at Wantugou mine on November 25.

11-30-2016 15:32:11

Coal price likely to retreat with advanced mines starting to expand output

On November 9th, the National Development and Reform Commission gathered related authorities and industrial sources again to study on how to coordinate well in increasing transportation capacity and effective resources, in a bid to stabilize steam coal supply this winter and next spring.

11-11-2016 17:44:25

Heilongjiang plans to cut 9.38 mln/yr coal capacity via shutting 13 mines in 2016

The Heilongjiang Development and Reform Commission released a list of coal mines required to cut overcapacity in 2016.

09-14-2016 16:15:04

Shaanxi to phase out 76 coal mines in five years

Shaanxi province plans to exit 76 coal mines in five years, with a total production capacity of 47.06 million mt/yr, and plans to cut iron and steel-making capacity by 1.7 million mt/yr, according to the meeting.

07-28-2016 15:12:15

Shandong to phase out 60% coal mines in the 13th five year plan period

Shandong has sped up supply-side reform this year, and with a focus on capacity reduction and destocking, the province is also strengthening its momentum for long-term development and economic upgrading.

07-11-2016 10:46:14

Chongqing city has permanently shut 48 coal mines

Chongqing city has permanently shut down 48 coal mines and canceled their mining rights, the Chongqing Municipal Land Resources and Housing Administration Bureau said on June 16th.

06-16-2016 17:50:30

Five of Zhengzhou Coal's 12 coal mines turn losses into gains in May

Five of the 12 coal mines owned by Zhengzhou Coal Industry (Group) Co., Ltd (Zhengzhou Coal) returned to gains in May, owing to lower coal production cost and slightly higher coal prices. The five coal mines got a profit of CNY5.5 million.

06-16-2016 14:42:30

Coal import arbitrage is open; some coal mines likely to restart

The growth in steam coal spot prices has lagged behind futures. Currently, steam coal import cost is about CNY390/mt, while steal coal futures rise to CNY410/mt, indicating import arbitrage is open.

06-07-2016 14:36:25

Production capacity of 81 coal mines under five power majors revaluated at 180 mln mt/yr

The original 213.7781 million mt/yr of the 81 coal mines under China’s five major power corporations is reassessed at 179.66 million mt/yr, down by 34.11 million mt/yr.

06-03-2016 15:08:58

Large Indonesian coal miners to maintain output despite sagging demand

Several large Indonesian thermal coal miners continue to forecast stable to higher production targets for 2016 despite weakening demand in both India and China, putting downward pressure on prices.

05-19-2016 17:43:34

Guizhou to close 510 coal mines in 3-5 years

The coal-rich province of Guizhou will close 510 coal mines in the next three to five years in a bid to cut excess capacity, the provincial government said.

03-07-2016 17:33:44

NEA: Over 1,000 coal mines to be shut down in 2016

Addressing overcapacity problems in the coal sector has become priority in China’s 2016 energy reform program, according to the National Energy Administration 2016 Structural Reform Work Main Points passed through on February 18th, 2016.

02-24-2016 15:13:34

Hebei province to shut down another 70 plus small coal mines in 2016

According to the Hebei Administer of Work Safety, 64 coal mines have been closed since 2014, and another over 70 of the existing 198 small coal mines are planned to be closed or substantially stop production in 2016.

02-04-2016 15:49:28

NDRC: Approval on high S&A coal mine projects to be temporarily halted

The government should suspend giving green light to high sulfur and high ash coal mine projects, while construction on those already approved should slow down and those under construction should be scaled down.

12-08-2015 15:20:04

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