Shanxi plans to build 7 big coal groups in two years

The first major province of coal production Shanxi province recently issued the "Shanxi Province coal industry adjustment and revitalization Plan" (hereinafter called planning), clearly put forward 8 development goals, to 2010, coal capacity of 900 million tons/year, to 2015 capacity of 960 million tons/year.　　2008 the National raw coal production 2.72 billion tons, Shanxi province actual production accounted for 28% of the country, production of about 800 million tons, Shanxi coal 80% to the outside provinces and cities. The Shanxi Province issued the "plan" explicitly called for the closure of small mines. By 2010, the number of mines in the province had been reduced to 1000, and the production scale of single wells in mine had reached 900,000 tons/year.　　By 2015, the number of coal mines in the control of about 800, single well production scale reached 1.2 million tons/year.　　At present, Shanxi Province has been to Datong, Changzhi and other fields of coal mining has carried out large-scale small-scale mining shut down the renovation, the scale of 2005 years to the largest. "The plan" said that by 2011, the formation of 300 million tons and 4 50 million tons of large coal enterprise groups, large groups of production to account for more than 75% of the province.　　By 2015, large group of coal production reached more than 80% of the province.　　Xiabing, a researcher at the Shanxi Academy of Social Sciences, said planning increased the difficulty of acquiring resources. "As far as we know, the total production capacity of Shanxi Province is now 1 billion tonnes per year, including the small coal mines that have not been counted." Shong, an analyst at the Changjiang Securities coal industry, told the Morning Post that it would be difficult to shut down so many small mines.　　According to the figures at the end of 2007, Shanxi has 1937 coal mines, the annual coal production 594 million tons, the key mine 111, capacity 263 million tons, but this 300,000 tons below the mine has 1000. Shong that the government must use the power of capital market to integrate small and medium-sized coal mines. "Planning has a positive impact on the profitability of large and medium enterprises, and also has a direct impact on the capacity allocation of big mines." Yesterday, the Shanghai and Shenzhen stock market in the coal stocks rising dripping, Anyuan shares (600397.SH), open-air coal industry (002128.SZ), Kailuan shares (600997.SH), Datong Coal (601001.SH) and other impact trading. Shong that coal in the year is definitely oversupply, but the consolidation of small ore is the impact of supply variables, the current summer coal prices down the possibility is very school