LINE

Text:AAAPrint
Economy

Coal-rich Shanxi halts mining rights approvals, transfers

1
2017-02-24 09:01Xinhua Editor: Gu Liping ECNS App Download

North China's coal-rich Shanxi Province will continue to halt mining rights approvals and transfers in 2017 as it seeks to reduce overcapacity in the struggling industry, a local official said Thursday.

The province will strictly limit increases in newly added coal output, said Xu Dachun, head of the provincial department of land and resources.

Shanxi, where mining rights approvals and transfers were suspended for the first time in 2016, shut down 23.25 million tonnes of coal production capacity last year.

Xu said the authorities will also strive to guard against resuming production at the closed coal mines.

In addition, Shanxi will further step up mergers and acquisitions of existing mines to form large mining groups. It aims to limit the number of its mines to 900 in 2020, with each having an average production capacity of 1.8 million tonnes annually, the official said.

Coal output in Shanxi hit 832 million tonnes in 2016, a decline of 143 million tonnes from the figure in 2015.

Shanxi accounts for a quarter of China's proven coal reserves with more than 260 billion tonnes.

 

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.