Yunnan Coal Chemical Industry Group Co., Ltd., a Chinese state-owned enterprise, produced a total of 8.31 million tonnes of coal in January-October 2023, rising 4.87% from the year prior, according to Yunnan's state asset regulator.
Procurement for third-party raw coal reached 7.07 million tonnes as of November 2 this year, 341,600 tonnes higher than the previous year.
The group delivered 3.95 million tonnes of power coal for supply guarantee as of November 2 and provided 557 million yuan in discounts, achieving a steady supply of power coal with preferential prices on the premise of production safety.
Efforts have been made to actively implement the long-term coal contracts mechanism, with a 100% contract signing rate and an 81.34% fulfilment rate for ensuring the supply of power coal.
The group is fully committed to ensuring the power coal supply through stable and high coal output, positive incentives to rally collective efforts, strengthening the marketing management and prioritizing production safety.
(Writing by Riley Liang Editing by Emma Yang)
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