Tianjin Xinyue Industrial and Trade Co., Ltd.
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New developments in the coal industry will have a profound impact on stabilizing the coal market

Apr. 14, 2021

On March 25, China Guoxin and China Coal Group signed an agreement to formally transfer the management rights of Guoyuan Company, a central enterprise coal asset management platform company, to China Coal Group, marking the basic completion of the central enterprise coal resource integration. From the perspective of effect, the central enterprises that withdrew from the coal business can focus on the development of their main businesses without distraction, and specialized coal enterprises can achieve "double improvement" in scale efficiency. From the perspective of the pattern, it has changed the situation of central enterprises’ coal resource distribution, homogenized operation, and repeated construction, realized the orderly withdrawal of non-coal central enterprises from the coal industry, and gradually formed professional coal enterprises to become stronger, better and better. The pattern of optimized resource allocation for large, power and coal integrated enterprises. This has potentially far-reaching effects on stabilizing the coal market.

New developments in the coal industry will have a profound impact on stabilizing the coal market

As of the end of January 2021, the construction of 16 intelligent coal mine demonstration projects of the National Energy Group has started; 25 intelligent coal mining faces have been completed, and 65 are planned to be completed by the end of the year; 10 intelligent tunneling faces have been completed and the end of the plan is to be completed. 43 have been built before; 5 intelligent coal preparation plants have been built, and 19 are planned to be completed by the end of the year; 5 open-pit coal mines have carried out on-site testing of unmanned mining trucks, and one open-pit coal mine has achieved 5 sets of 220-ton mining cards without Human-driven formation and heavy-duty operation; 5 categories and 21 coal mine robots have been developed and applied. National Energy Group is committed to the top-level design of coal mine intelligence, and has established a coal mine intelligence construction office to be responsible for overall coordination, experience sharing, inspection and supervision, and annual assessment. As the main unit of the intelligent construction work, each coal-related sub-company (branch) is responsible for establishing organizational structures, implementing responsibilities level by level, improving the assessment mechanism, establishing a talent system, and comprehensively promoting the intelligent construction of coal mines. The goal is that by 2025, all coal mines of the group will be intelligent. Experts in the industry said that the intelligentization of coal mines will certainly promote the high-quality development of coal production and create extremely favorable conditions for the stable development of the coal market.


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