Tuesday 21st September 2021 Font size:

China to encourage qualified coal mines

Monday, August 2nd, 2021

China will encourage qualified coal mines to expand production capacity, the country’s state planner said on Friday, in an effort to boost coal supply and cool prices of the commodity.

Coal miners, who apply for capacity expansion before March 31, 2022 must promise to shut down a certain amount of outdated production capacity and complete the closure within three months after receiving the approvals, it said in a statement.

https://www.brecorder.com/news/40110356/china-to-encourage-qualified-coal-mines
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