China copper smelters plan to cut output after margins fall
The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks.
MEGTEC Systems today announced that its China subsidiary has been contracted to build the largest plant in the world to capture and eliminate ventilation air methane (VAM) from the Datong coal mine in China’s Chongqing municipality. The agreement was formally signed between MEGTEC and a three-way joint venture partnership comprised of AES Climate Solutions Asia (a wholly-owned subsidiary of AES Corporation), Shenzhen Dongjiang Environmental Renewable Power Company Ltd., and Songzao Coal and Chongqing Electricity Company Ltd., a wholly-owned subsidiary of Chongqing Energy Investment Group. Read the full report
