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China to Further Consolidate Coal Operations
China plans to create about 10 mega coal companies by 2020 through mergers and reorganizations, as part of its long-standing efforts to cut overcapacity, according to China Daily. The country is preparing guidelines to overhaul the sector and it hopes to create several new large coal companies with annual capacity of 100 million metric tons by 2020, explained Wang Xiaolin, deputy director of the National Energy Administration.
China to Further Consolidate Coal Operations
China plans to create about 10 mega coal companies by 2020 through mergers and reorganizations, as part of its long-standing efforts to cut overcapacity, according to China Daily. The country is preparing guidelines to overhaul the sector and it hopes to create several new large coal companies with annual capacity of 100 million metric tons by 2020, explained Wang Xiaolin, deputy director of the National Energy Administration.
China to Further Consolidate Coal Operations
2017
Article (Journal)
English
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