Coal Mining in China to 2020

Published: Apr, 2016 | Pages: 44 | Publisher: Timetric
Industry: Mining | Report Format: Electronic (PDF)

Synopsis
Timetric's 'Coal Mining in China to 2020' report comprehensively covers Chinese reserves of coal; reserves by province; proximate analysis of Chinese coal versus coal produced by major other countries; historic and forecast data on coal production; production by grade, mining method and province; coal prices; historic and forecast coal consumption by type; and coal imports and imports by country. 

The report also includes factors affecting demand for coal, profiles of major coal producing companies in the country, and information on active, exploration and development coal projects.

The Fiscal Regime section provides information about the country’s regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to coal mining in the country.

It is an essential tool for companies active in Chinese mining, and for new competitors considering entering the industry.

Summary
In terms of coal reserves, China was third globally after the US and Russia, with proven coal reserves of 114.5 billion tonnes (Bnt) at the end of 2014, accounting for 12.8% of the global total.

Anthracite and bituminous accounted for 62.2Bnt or 54.3%, while the remaining 45.7% (52.3Bnt) was sub-bituminous and lignite grades.

Coal reserves are mainly scattered across the provinces of Shanxi and Inner Mongolia, and have an average sulfur content of 1% or less, an average ash content of 23%, and an average energy content of 5,400kcal/kg net as received (NAR).

Scope
The report contains an overview of the Chinese coal mining industry together with the key factors affecting the industry and demand for the commodity.

It also provides information about Chinese reserves, historic and forecast data on coal production, production by grade, consumption and imports, the competitive landscape and active, exploration and development coal projects.

Reasons To Buy
Gain an understanding of the coal mining industry in China, coal reserves, historic and forecast data on coal production, coal prices, historic and forecast data on coal consumption and imports, demand drivers, active, exploration and development coal projects, the competitive landscape and the country's fiscal regime.	

Key Highlights
• Chinese coal production fell in 2014 by 2.7% over 2013, to 3,588 million tonnes (Mt), due to the closure of around 2,000 small-scale mines with total production capacity of 117.5Mt in 2014, as part of a policy to phase out low-quality coal production to clean up the air and usher in renewable energy alternatives. 

• Chinese coal consumption measured 3,695Mt in 2014 – down by 3.5% over 2013, mainly due to the growth of alternative sources such as hydropower, nuclear, wind and natural gas. However, coal-fired power generation sector dominated Chinese coal consumption, accounting for 67.8% of the country’s total consumption in 2014. 

• The country’s mining industry is governed by the Ministry of Land and Resources and the Department of Resources Conservation and Environmental Protection. The Mineral Resources law is the apex regulating law for the development of the mining industry, the promotion of exploration, the development of mines, and the utilization and protection of mineral resources.

 Table of Contents

1 Executive Summary 

2 Coal Mining in China – Reserves, Production, Consumption and Trade 
2.1 Coal Reserves by Country and Province 
2.2 Proximate Analysis of Coal 
2.3 Historical and Forecast Production 
2.3.1 Coal production by grade – bituminous, anthracite and lignite 
2.3.2 Production by mining method 
2.3.3 Production by province 
2.4 Coal Prices 
2.5 Active Mines 
2.6 Exploration Projects 
2.7 Development Projects 
2.8 Consumption and Trade 
2.8.1 Domestic consumption vs electricity generation 
2.8.2 Consumption by type – thermal and coking 
2.8.3 Domestic coking coal consumption vs. crude steel production 
2.8.4 Coal imports 
2.8.5 Imports by country 
2.8.6 China’s coal terminals 
2.9 Factors Affecting Demand for Coal 
2.9.1 Transition in the Chinese electricity sector will gradually reduce the dependence on coal in the long run 

3 Major Coal Producers in China 
3.1 China Coal Energy Co. Ltd. 
3.2 China Shenhua Energy Company Ltd 
3.3 Yanzhou Coal Mining Company Ltd. 
3.4 Inner Mongolia Yitai Coal Company 
3.5 Datong Coal Industry Co Ltd. 

4 Fiscal Regime 
4.1 The Chinese Mining Industry – Governing Bodies 
4.1.1 State Council 
4.2 The Chinese Mining Industry – Governing Laws 
4.2.1 Mineral Resources Law 
4.2.2 Land Administration Law 
4.2.3 Law on Coal Industry 
4.2.4 Law on Work Safety 
4.2.5 Environmental Protection Law 
4.3 The Chinese Mining Industry – Mining Licenses and Ownership 
4.3.1 Exploration and Mining License 
4.3.2 Establishment of coal mining enterprise 
4.4 The Chinese Mining Industry – Mining Rights and Obligations 
4.4.1 Rights 
4.4.2 Obligations 
4.5 The Chinese Mining Industry – Key Fiscal Terms 
4.5.1 Royalty 
4.5.2 Resource tax 
4.5.3 Land appreciation tax 
4.5.4 Enterprise income tax 
4.5.5 Export tariff 
4.5.6 Vehicle and vessel usage tax 
4.5.7 City maintenance and construction tax 
4.5.8 Stamp tax 
4.5.9 Loss carry forward 
4.5.10 Depreciation 
4.5.11 Withholding tax 
4.5.12 Value added tax (VAT) 

5 Appendix 
5.1 Abbreviations 
5.2 Bibliography 
5.3 Secondary Research 
5.4 Primary Research 
5.5 Contact Timetric 
5.6 About Timetric 
5.7 Timetric’s Services 
5.8 Disclaimer

List of Tables
Table 1: Coal Mining in China – Typical Proximate Analysis of Various Coals 
Table 2: Coal Mining in China – Historic and Forecast Coal Production by Grade – Bituminous, Anthracite and Lignite (Million Tonnes), 2000–2020 
Table 3: Coal Mining in China – Active Mines, 2015 
Table 4: Coal Mining in China – Exploration Projects, 2015 
Table 5: Coal Mining in China – Development Projects, 2015 
Table 6: Coal Mining in China – Historic and Forecast Coal Consumption by Sector – Power Generation, Industry and Others (Million Tonnes) vs Thermal Power Generation (Terawatt Hours), 2000–2020 
Table 7: Coal Mining in China – Historic and Forecast Coal Consumption by Type – Thermal and Coking (Million Tonnes), 2000–2020 
Table 8: Coal Mining in China – Historic and Forecast Coal Imports (Million Tonnes), 2001–2020 
Table 9: Coal Mining in China – Imports by Country (Million Tonnes), 2014 
Table 10: Coal Mining in China – Chinese Coal Handling Terminals, 2014 
Table 11: Coal Mining in China – China Coal Energy Co. Ltd# Projects, 2015 
Table 12: Coal Mining in China – China Shenhua Energy Co. Ltd Projects, 2015 
Table 13: Coal Mining in China – Yanzhou Coal Mining Company Ltd Projects, 2015 
Table 14: Coal Mining in China – Inner Mongolia Yitai Coal Company Ltd Projects, 2015 
Table 15: Coal Mining in China – Datong Coal Industry Co., Ltd. Projects, 2015 
Table 16: The Mining Industry in China – Land Appreciation Tax (%), 2015 
Table 17: The Mining Industry in China – Export Tariff Rates from 2015, (%) 
Table 18: The Mining Industry in China – Stamp Tax Schedule and Tax Rates (%), 2015 
Table 19: The Mining Industry in China – Depreciation Years, 2015

List of Figures
Figure 1: Coal Mining in China – Global Coal Reserves by Country (%), 2014 
Figure 2: Coal Mining in China – Coal Reserves by Province (%), 2014 
Figure 3: Coal Mining in China – Historic and Forecast Coal Production by Grade – Bituminous, Anthracite and Lignite (Million Tonnes), 2000–2020
Figure 4: Coal Mining in China – Coal Production by Province (%), 2014 
Figure 5: Coal Mining in China – Coal Producing Provinces, 2015 
Figure 6: Coal Mining in China – Average Thermal and Coking Coal Prices (US$/Tonne), (2010–2020) 
Figure 7: Coal Mining in China – Coal Prices (US$/Tonne), September  2011–December 2015 
Figure 8: Coal Mining in China – Historic and Forecast Coal Consumption by Sector – Power Generation, Industry and Others (Million Tonnes) vs Thermal Power Generation (Terawatt Hours), 2000–2020 
Figure 9: Coal Mining in China – Historic and Forecast Coal Consumption by Type – Thermal and Coking (Million Tonnes), 2000–2020 
Figure 10: Coal Mining in China – Historic and Forecast Coal Imports (Million Tonnes), 2001–2020 
Figure 11: Coal Mining in China – Imports by Country (%), 2014 
Figure 12: Coal Mining in China – Chinese Installed Electricity Capacity (GW %), 2015 
Figure 13: Coal Mining in China – Electricity Generation by Province, 2015