China pledges to close 2,000 mines by end of 2015

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Another consolidation in China...

China pledges to close 2,000 mines by end of 2015

BEIJING — China has pledged to shut down at least 2,000 small coal mines by the end of 2015 as it tries to improve safety standards in its deadly industry.

Mines targeted will be those with an annual output of less than 90,000 tonnes that fail to adhere to safety rules, and those based on substandard coal resources that are prone to accidents, the State Council, China’s Cabinet, said in a statement yesterday.

Approval will also end for new coal mines with an annual capacity of less than 300,000 tons.
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http://www.todayonline.com/chinaindia/ch...s-end-2015
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