· Coal futures in China hit record highs last month after 60 coal mines in the country's top coalproducing region were forced to shut down amid severe weather conditions. Days later, abnormally cold temperatures in parts of China sent coal prices surging even higher as electricity demand soared. In midOctober, Chinese authorities ordered a huge boost in coal output to curb the power crunch ...
· China's government has asked miners to spare no costs in boosting coal supplies, and has given them permission to operate at full capacity even after hitting their annual quotas. Even with the efforts, China could face a coal supply gap of 30 million to 40 million tons in the fourth quarter, Citic Securities analysts said in an Oct. 8 report .
· Seven mines were approved last year and, between 2017 and 2018, China added 194 million tonnes of coal mining capacity with the total number of mines reaching more than 3,000. China, the world's biggest coal consumer, has vowed to cap carbon emissions by 2030, although it has stopped short of the "netzero" emissions target by 2050 pledged by the European Union. The move to increase coal ...
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· Just as China prepared to extract coal from its own mines, heavy rainfalls sealed them shut. China is desperately trying to get its hands on as much coal as it can. Having waged a selfdestructive trade war against Australia, which has seen the paper dragon cease coal imports from the down under country, China is now reeling under an intense ...
· China is grappling with an unprecedented electricity crisis triggered by coal shortages and tightening of emissions standards, impacting at least 20 provinces and regions. The brunt of the crisis is being felt across the country's northeastern region where millions of s have plunged into darkness and factories have been shut down.
· · As China's coalrich province Shanxi is devastated by flood, the price of coal used in power plants has soared to a new alltime high, as per the reports of BBC.. Flooding prompted the closure of dozens of mines in Shanxi Province, which provides almost a third of China's coal supplies in 2021. While some sites are progressively restoring operations, others are still shut down.
· China Shuts Down 60 Coal Mines due to Heavy Rains, Power Crisis Deepens. By Author: Prakash Gogoi October 13, 2021. 110 0. Share this post: Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn Share on Email. Coal mining operations in Shanxi have been affected by several days of heavy rains. (Image: Pavlofox via Pixabay) Torrential rains hit 11 cities in China's .
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