Hebei Coal Leads in Integration and Startup

According to the document issued by Hebei Province, Hebei will accelerate the cultivation of a group of large-scale enterprise groups that are leading in China, have a strong comprehensive competitiveness, and drive the development of the industry by promoting the merger and reorganization of enterprises.

The document clearly stated that it supports the Kailuan Group and Suizhong Energy Group to speed up the integration of provincial coal resources, significantly reduce the main body of mining, improve the level of technological equipment, and improve the conditions for safe production. By the end of the “Twelfth Five-Year Plan”, the province’s coal enterprises were consolidated from 340 to less than 50, and small coal mines were consolidated from 485 to less than 200, and the coal production of the two major groups, Kaiyuan and Jizhong Energy, was expected to account for the province’s output. The proportion increased to more than 90%.

In fact, the reporter learned that prior to the introduction of merger and reorganization opinions in Hebei, the National Energy Administration had stated that it “will take various measures to protect the stable supply of coal in the current and second half of the year, including accelerating the merger and reorganization of coal mining enterprises.”

It is reported that with the gradual advancement of merger and reorganization of coal enterprises and the integration of coal resources this year, new coal production capacity will be gradually released in Shanxi, Henan and other provinces. In addition, coal production in coal-producing provinces such as Inner Mongolia, Guizhou, and Shaanxi will continue to maintain steady growth. A batch of coal mines under construction in China will be put into production one after another. It is expected that the production capacity will increase by about 100 million tons, and coal supply capacity will be further enhanced.