Inner Mongolia cuts coal capacity

The local government of the Inner Mongolia autonomous region has confirmed its goal to cut 11 million metric tons of annual coal production capacity in 2018, while ensuring the market remains steady with a supply of premium products.

According to the Inner Mongolia Economic and Information Technology Commission, the region will close 22 coal mines and lower the region's annual coal production capacity by 7.05 million tons more than originally planned.

The local EITC's coal mining industry bureau said that while reducing outdated capacity, the region has been proactively encouraging modern coal mines to expand their output volume, to ensure a sufficient supply of premium coal.