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Under the impact of the financial crisis, the coal market demand in 2009 was obviously insufficient. Shanxi seized the favorable opportunity of the economic downturn and the market's relentless efforts to push forward the consolidation and reorganization of coal mining enterprises, and a large number of local small and medium-sized coal mines stopped production for rectification. After restructuring and integration, the number of Shanxi coal mines will be reduced from 2598 to 1053, and the number of mine-controlling enterprises will be reduced from more than 2,000 to 130. Small coal mines with an annual output of 300,000 tons or less will be eliminated, and the remaining mines will be fully mechanized.
With the substantial advancement of resource integration work, a group of mines that separately retained mines and completed the integration task have resumed production and production, and Shanxi’s coal production has also grown accordingly. In the first 10 months of this year, Shanxi coal production increased month by month, and the total annual coal production is estimated to be about 620 million tons, but it is still more than 3,000 tons lower than last year.
When analyzing the coal market situation in the next year, the person in charge of the Shanxi Coal Industry Bureau stated that considering the development trend of the supply and demand market, Shanxi Coal will control the production of 670 million tons to 700 million tons in 2010, ensuring an increase of 8% over this year and striving for growth. 10%; Railway transport volume is expected to reach 400 million tons, an increase of 50 million tons this year.
Shanxi's coal production will be controlled within 700 million tons next year
As the domestic economy stabilizes and picks up, next year, China's coal market will show a trend of gentle growth in supply and demand, a basic balance between supply and demand, and stable prices. Based on the above judgment, the Shanxi Provincial Coal Industry Department stated that in 2010, the province's coal production will be set at 670 million tons to 700 million tons.