Over 1,000 Chinese coal mines face closure in bid to cut over capacity

More than 1,000 Chinese coal mines in Guizhou, Yunnan, Heilongjiang and Jiangxi provinces are to be closed in an effort to counter over-capacity, a top work safety watchdog executive said on Friday. “More than 1,300 coal mines were closed last year, and small coal mines with a scale of annual production of less than 300,000 tons that [have experienced] major accidents will be gradually closed this year, as well as those mines that are operating illegally,” the deputy director of the State Administration of Work Safety Huang Yuzhi said this week. China also plans to place a moratorium on the approval of  new coal mines for the next three years.
The total number of coal mines in China stands at 9,624.

Source: chinadaily