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Monday, December 31, 2018 - 2:02:57 PM
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Mining News Pro - The import of China’s Coal reached the annual limit and have been suspended in December. This caused coal’s price fluctuation.
According to Mining News Pro - In the first 11 months of 2018, China has imported 271 million tons of coal. The limit is 270.9 million ton in one year.
Therefore, China’s government put some pressure and suspended coal imports, which caused a decrease in the price of this mineral.
This week, National Development and Reform Commission of China held a meeting regarding the issue.
The Chinese government is pushing coal mines to grow their production, and according to the plan, in 2019, coal production of China will grow about 100 million tons in domestic mines.
Short Link:
https://www.miningnews.ir/En/News/321453
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