Monday 29th November 2021
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China to close over 1,000 coal mines in 2016

China to close over 1,000 coal mines in 2016

China will aim to close more than 1,000 coal mines over this year, with a total production capacity of 60 million tonnes, as part of its plans to tackle a price-sapping supply glut in the sector, the country’s energy regulator said. China is the world’s top coal consumer but demand has been on the wane as economic growth slows and ...

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