China: Policymakers plan to add 300 mnt coal capacity in 2022

Amid increasing coal demand ahead of the summer season, Chinese policymakers have laid out plans to add 300 mnt of coal capacity in 2022. The State Council, China’s cabinet, pledged to support coal production and projects which include launching new projects, expanding existing ones and reopening idled facilities. The expansion of output represents 7% of the country’s projected coal consumption for this year.