(Bloomberg) The global energy crisis is reshaping trade routes for coal, illustrating the heightened demand for a fuel many considered on the downswing.
Chinese regulators plan to be more prudent in their response to mining accidents as authorities ask coal producers to ramp up output to help stave off the country’s deepening power crisis.
The Chinese National Development and Reform Commission told miners at a meeting on Thursday that accidents would no longer result in the shutdown of nearby mines for safety inspections, local industry publication Fengkuang Coal Logistics said on social media.
The move comes as Beijing calls for mines to produce coal at full capacity for the rest of the year even if they exceed quotas.
A shortage of coal heading into winter
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