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9 results for keyword "Capacity Cut"

NDRC: Coal capacity cuts to be attainable; coal price rally is unlikely

Related officials of the Economic Operation Bureau under the National Development and Reform Commission (NDRC) said the target of splashing coal overcapacity was attainable absolutely in 2017 and it was unnecessary to cut output at coal mines on a large scale.

03-10-2017 17:08:14
NDRC: 2016 steel & coal capacity cut targets likely to be achieved beforehand

China steel and coal sectors are expected to complete their capacity cut goals in October and November respectively, Xu Kunlin, deputy secretary general with the National Development and Reform Commission (NDRC) said at a news briefing on October 25th.

10-25-2016 15:57:01
Shanxi allocates CNY947.78 mln special fund to support six large coal firms' capacity cuts

The Shanxi Provincial Department of Finance allocated CNY947.78 million 2016 industrial enterprise restructuring special fund to six coal majors including Datong Coal Mine Group and Shanxi Coking Coal Group to support their overcapacity cut campaign the other day.

10-13-2016 14:08:21
Shenhua Group has completely achieved capacity cut plan for 2016

Year to date, Shenghua Group has shut down five coal mines.

09-14-2016 16:44:39
China has allocated CNY30.7 bln of its CNY100 bln fund for capacity cuts

China has distributed CNY30.7 billion to local governments and enterprises for capacity reduction, and oversight should be intensified over how the capital is used.

08-22-2016 14:55:18
Only 29% coal capacity cut target completed in H1

72.27 million mt/yr of coal production capacity was phased out in China’s 17 local regions and among relevant SOEs in the first half year, according to an on-site experience exchange meeting on coal sector overcapacity cut and development held on July 27th in Chongqing.

07-27-2016 11:31:21
China signals coal-capacity cut equal to 7.5% of output in 2015

China says it’s reining in coal production as the country tries to curb the pollution choking the nation’s cities and eliminate so-called “zombie” companies in the struggling industry.

06-27-2016 10:18:02
Coal prices expected to start an upswing amid strictest capacity cut policy

Coal producers in Inner Mongolia, Shaanxi and Shanxi are implementing the production limitation policy actively from May. Coal supply is to drop with undergoing “supply-side” reform and closures of coal mines, expected to boost coal prices continuously.

05-24-2016 09:12:08
Nine provinces set targets for coal production capacity cuts

Multiple provinces have successively released their coal production capacity cut goals, in response to the Opinions on Addressing Overcapacity in Coal Sector released by the State Council on February 5th 2016.

04-21-2016 15:53:07

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