China coal giant cuts coal production guidance to 500 mln tonnes by 2025

July 20, 2021 / www.metalbulletin.com / Article Link

One of China's principal coal-mining groups, Jinneng Holding, has reduced its coal production guidance figure for 2025 to 500 million tonnes from the previous 600 million tonnes, in line with the country's targets for lower carbon emissions, according to a company statement on July 14.

Jinneng chairman Guo Jingang said in a company meeting that the goal of "carbon peak, carbon neutral" was not to eliminate coal use and coal-fired power, but to develop advanced coal capacity with high efficiency, low...

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