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China Plan to Concentrate Coal Production

https://en.steelhome.com [SteelHome] 2011-11-30 11:18:27

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China's coal resources will be further concentrated during the 12th Five-Year Plan period, with 14 large-scale coal production bases to be established to cover more than 90 percent of the country's coal output, an anonymous source said on Tuesday.

There will be 10 super-large coal producers, each with annual capacities of over 100 million tons by 2015. Meanwhile, the number of coal mines across the country will decrease to fewer than 10,000, according to the 12th five-year plan for the coal industry.

In 2010, total production of the 15 coal enterprises with annual output of more than 50 million tons reached 1.38 billion tons, accounting for 42.47 percent of the whole country. Only five producers output over 100 million tons.

Source: 21st Century Business Herald

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