Coal out­put plum­mets 15 per­cent in May

China Daily (Canada) - - BUSINESS -

Coal pro­duc­tion de­clined sharply in May as mea­sures to cut ca­pac­ity be­gan to take ef­fect, of­fi­cial data showed. To­tal out­put of coal min­ing com­pa­nies with an­nual rev­enue of more than 20 mil­lion yuan ($3.04 mil­lion) dropped 15.5 per­cent yearon-year in­May, ac­cord­ing to the Na­tional De­vel­op­ment and Re­form Commission. Out­put cu­mu­la­tively de­creased by 8.4 per­cent in the first five months com­pared with the same pe­riod last year.

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