Shanxi Province in north China will approve no new coal mines for the next five years to tackle excess capacity.
In line with a guideline, published on Monday, for the next three years there will be a moratorium on upgrades to collieries with an annual capacity of under five million tonnes that intend to become open-cast mines.
Shanxi is China's major coal producer, but weak demand and constantly increasing supply has led to closure of many mines.
A mere 960 million tonnes of coal were produced in Shanxi in 2013, far below its production capacity of 1.36 billion tonnes, according to government figures.
China to trace accountability of mass corruption in Shanxi
2015-01-08Official in corruption-hit Shanxi province arrested for graft
2014-12-02Shanxi to eliminate coal check stations
2014-11-28Coal output expected to have declined
2015-01-26China‘s coal industry freezes over
2015-01-26China‘s coal production sees first drop since 2000
2015-01-24Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.