SMM News: on Aug. 26, the Shanxi Provincial Development and Reform Commission announced a list of the coal industry to eliminate excess capacity in 2019. The list shows that 18 coal mines will be closed, with a total withdrawal of 18.65 million tons of capacity per year.
In order to implement the spirit of the Circular of the National Development and Reform Commission and other departments on doing a good job in resolving excess capacity in key areas in 2019 (Development and Reform Operation (2019) 785), according to the notice of the General Office of the Shanxi Provincial people's Government on the Target Task of resolving excess capacity in the Coal Industry in 2019 (Jinzheng Office Power Generation (2019) 33), the list of coal industries in 2019 to resolve excess capacity and close down and withdraw from coal mines is now announced.
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