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China coal mine approvals rebound in 2013

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Report summary

China's NDRC approved 147 million tonnes of coal mine capacity in 2013, double the amount of 2012, indicating China's coal production is set to resume growing strongly. Capital intensity rose to US$91/tonne of capacity, a 17% increase from 2012. The rise is largely because of a decline in project approvals in Xinjiang where capital costs are low. We do not yet see capex inflation as being an issue for Chinese coal projects.

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    China coal mine approvals rebound in 2013

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This report includes 5 images and tables including:

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  • Coal projects approved by NDRC
  • Project capacity approvals by province (Mt)
  • Capital expenditure and capital intensity of approved projects
  • Capital intensity by province
  • China coal mine approvals rebound in 2013: Image 5

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