<h1>State-owned coal producer plans business model overhaul: diversify to gasification, renewables, critical minerals; mechanise, expand underground mining by 2035</h1> The state-owned coal producer's new chair urged a comprehensive overhaul of its business model to remain viable amid the global energy transition, signaling strategic shifts with legal and regulatory implications: diversification into coal gasification, renewables and critical minerals; expansion of underground mining with significant production targets by 2035; and large-scale mechanisation and technology deployment requiring procurement, labour, safety and environmental compliance. The announced roadmap entails regulatory approvals, contract renegotiations, potential competition and investment approvals, and heightened ESG obligations from plantation and eco-restoration commitments, aligning company operations with governmental policy priorities and attendant oversight.