(MENAFN) China's 2nd biggest coal-producing region, Inner Mongolia, witnessed a 16.8-percent drop in coal production in the first four months of the year as it pushed forward supply-side reform.
The northern region churned out 250.9 million tons of raw coal in the Jan.-April period, and with dealing with excess capacity, the region has been moving to slash coal production capacity.
Moreover, aided by the severe plunge in output and a recovering economy, China's coal prices have started to rise, ending a plummet that has lasted for several years amid a slowing economy.
Additionally, Shanxi, the country's largest coal-producing region, has also been rolling out measures to advance supply-side reform, plus it will stop approving new coal mining projects.
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