China Plans 3-Million-Ton of Backup Coal Production Capacity by 2030

China is aiming to build up a backup production system with capacity to mobilize 300 million metric tons of coal a year by 2030, as part of the world’s largest coal consumer’s effort to boost energy security.

The National Development and Reform Commission (NDRC), China’s top industrial policymaking body, issued draft guidelines that called on the country’s major coal mining companies to step up construction of reserve production capacities to “ensure the elasticity of future coal supply and reduce coal price fluctuations.”