Country’s top economic planner aims to cut 800 million tonnes of coal capacity a year until 2020, even as production and consumption of the fuel increases.
Analysts believe the upcoming Chinese New Year celebration will likely result in some physical restocking of metal in that country as well as India, the world’s top consumers.
The Israeli billionaire, under house arrest since Dec. 19, has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea.