Tangshan to temporarily shut 226 metal, nonmetal mines

Published: Jun 4, 2018 14:49

Save

A total of 226 metal and nonmetal mines in Tangshan, Hebei province are required to suspend operation until they obtain a valid "safe production licence", or renew their licences

SHANGHAI, Jun 4 (SMM) – A total of 226 metal and nonmetal mines in Tangshan, Hebei province are required to suspend operation until they obtain a valid "safe production licence", or renew their licences, according to a municipal government notice released on Sunday June 3.

The suspension is likely to further tighten supplies of iron ore concentrate in Tangshan and support iron ore prices as a result, SMM believes

Local governments have to take effective measures to ensure full-scale suspension across those mines.

To obtain licences, mines must meet the following conditions: standardise operational procedures to ensure safe production; establish supervisory bodies; educate and train employees on safe production; provide injury insurance for employees; furnish the workplace safely; improve infrastructure and equipment to meet safety standards; and prepare emergency plans and equipment.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

Government policy Tangshan

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

34 mins ago

Silver Prices Rebounded and Rose, Downstream Remained Cautious with Limited Rigid Demand [SMM Daily Review]

34 mins ago

3 hours ago

NDRC Approves Jinshan Mining's 900,000 mt/year Erentaolegai Silver Mine Project in Inner Mongolia

According to an announcement by Shengda Metal, the Inner Mongolia National Development and Reform Commission (NDRC) issued the following approval regarding the project approval matter for Jinshan Mining's Erentaolegai Sections Ⅲ-IX Silver Mine 900,000 mt/year Underground Mining Engineering Project: The Erentaolegai Sections Ⅲ-IX Silver Mine 900,000 mt/year Underground Mining Engineering Project of Inner Mongolia Jinshan Mining Co., Ltd. is in compliance with national industrial policies, and the Erentaolegai Sections Ⅲ-IX Silver Mine 900,000 mt/year Underground Mining Engineering Project of Inner Mongolia Jinshan Mining Co., Ltd. is approved.

3 hours ago

5 hours ago

‘Shift from dollar reserves to gold is not a prediction but a trend’, BRICS+ demand could drive whole gold market - EBC

(Kitco News) – BRICS+ nations now hold 17.4% of global gold reserves, up from 11.2% in 2019, while the dollar’s share of global reserves fell to its lowest level since 1994 – and one BRICS member could well buy as much as all other countries combined, according to Michael Harris, technical analyst at EBC Financial Group.

5 hours ago