China Suspends Imports of North Korean Coal
The Chinese government has announced a suspension of coal imports from North Korea, IHS Energy reports. The ban, which came into force on 19 February, is set to run until 31 December 2017. China imported 22.4 Mt of primarily anthracite coal from North Korea in 2016, accounting for the overwhelming majority of the country’s exports.
Meanwhile, the country’s National Energy Administration has announced plans to cut 50 Mtpa of domestic coal mining capacity in 2017, down from the 2016 target of 60 Mtpa. This is reportedly to be achieved through the shuttering of over 500 less efficient mining operations.