fighting bots, page-11

Here is some news I translate from chinese

1) In 2012, around 40% coal producer in China made lost due low coal price
2) The coal industry in China is consolidating phase, the number of company reduce to 10K from 80K
3)Open-pit is only account for 5% of coal mine
4) Average depth of coal mine is 500M-600M, the deepest is 1350M in Shandong province
5) 15 out of 90 largest coal produce is losting money.
6) During 11th five year development plan + 2011, China invest 1.72 trillion RMB in fix asset in coal mine. Which will turn into approximately 2.1 billion ton capacity
7) By forecast, by 2020 the total demand of China will around 5 billion ton
8) FOB price for 5500 Kcal in Qinhuangdao port is 630 RMB(approximately 101 USD)
9) Inventory is 293 million ton which can cover 29 day usage.