The Coal Industry Bureau of the Chinese province of Shandong has announced plans to invest RMB 100 billion ($14.77 billion) in the local coal sector in the 12th five-year plan period (2011-2015).
Accordingly, in the period in question, the Shandong provincial authorities plan to start construction of 16 coal mines with a total annual output of 12.6 million mt and to start production at 18 coal mines with a total annual output of 16.65 million mt. The authorities also plan to maintain the scale of development in central regions of the province, i.e., at mines such as Jining, Yuanzhou and Zaoteng, and also to prolong the life of old mines in the central regions such as Linyi, Zibo, Xinfen, Feicheng and Longkou. Also, mines in the western area of the province such as Juye mine and Jining mine will be the focus of construction activity, while the Wanfu, Huangdian, Zhangji and Chenmanzhuang mines will undergo further rapid development. Mines in northern Shandong province such as Yanghu-Chiping mine and Huanghebei mine will also undergo development. In addition, in Shangong construction work will not be allowed on mines with annual outputs below 450,000 mt.