Shanxi is THE top producer, total production last year was 1.38 billion tons close to a third of whole countrys production (4.46 billion), not 100 million, either it is going to cut 57 million tons from its "growth" or "production" , really doesn't matter
by the way I can't find anything about that, this is hot from the press today
Shanxi Province carried out special rectification work on the "three overproduction", Among them, the overproduction of coal mines was the main focus, paying attention to whether the annual raw coal output exceeded 10% of the approved (designed) production capacity range, and whether the monthly raw coal output It is greater than 10% of the approved (designed) production capacity, and there is pressure on the overall output recovery efforts. Secondly, affected by today's news, individual coal companies in Shanxi have announced plans to reduce production in 2024. It is expected that subsequent sales to the market will be reduced, causing pessimistic expectations to spread again.
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