China to resume production at shuttered coal mines to meet demand
China is set to resume production at several shuttered coal mines to meet rising power demand. According to a Bloomberg report, around 15 coal mines across the northern provinces will restart operations for a year. The move is expected to deliver around 44 million tonnes (Mt) of coal, the publication added citing a statement from China’s National Development and Reform Commission.
This comes after 38 coal mines in Inner Mongolia resumed output last week. Coal prices in the country soared by nearly one-third this year, hitting record levels in May 2021 due to supply disruptions.