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China looks to strengthen mine safety after frequent accidents, boosting coal prices

September 22, 2023 Comments Off

China has strengthened mining safety regulations, introducing better monitoring of operations and early warning systems to mitigate risks like gas explosions, fires and floods in coal mines, according to an official statement seen by S&P Global Commodity Insights Sept. 21. The development requires stringent safety checks and follows frequent accidents at several coal mines in 2023, leading to multiple fatalities…